Biodiesel Bulletin

Biodiesel Bulletin

 

Heating Oil Holds Steady Ahead of the Fed

Heating oil prices stabilized on Wednesday ahead of the Federal Reserve monetary policy announcement and after large builds reported in crude oil stocks by both the American Petroleum Institute and the Department of Energy. 

A dovish statement by the Fed could alter the course of the strength of the US dollar, which has created headwinds for heating oil prices and generate a long awaited bounce.  The…

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