Biodiesel Bulletin

Biodiesel Bulletin

 

Strong Crude Build Offsets Benefits of a Declining US Dollar

Heating oil prices moved to the bottom end of its recent trading range as a larger than expected build in crude oil inventories added negative sentiment.  Price action seems to be following the dollar as opposed to strict fundamentals that reflect supply and demand.  Over the last few trading session the dollar has weakened allowing petroleum products to gain traction. Demand continues to remain…

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