04.25.2024
US heating oil, distillate fuel consumption lower than usual in Q1
In the first quarter of 2024, US prices for distillate fuel oil — which includes diesel fuels for vehicles and for home heating — was lower than the...
It is difficult for US hide market participants to focus on normal market activities when they cannot get hides moved through ports on schedule and threats of complete lockout are looming. Following seven months of negotiations, the contract issues remain unresolved with West Coast ports.
For the hide and leather industry the dispute has left hundreds of containers stranded in warehouses waiting to move through ports. For traders…