Biodiesel Bulletin

Biodiesel Bulletin

 

Heat Drops to Support Following Robust Crude oil Build

Heating oil prices fell toward support levels following a stronger than expected inventory build on Wednesday reported by the Energy Information Administration.  This was the largest energy build for an individual week since 2001.  Storage at Cushing Oklahoma where West Texas Intermediate is priced is 60% full, according to the EIA, and could be completely full by mid-April. Demand remains robust, and…

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