05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Demand for products, which include gasoline and hydrocarbons, continue to increase both domestically in the United States as well as abroad. According to the EIA’s Petroleum Supply Monthly data, exports of petroleum products from the United States averaged 3.8 million barrels per day in 2014, an increase of 347,000 barrels per day from 2013, and a new record high. Increased exports of motor gasoline and hydrocarbon…