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...
While the market tries to find direction, suppliers are looking to hold further declines in prices this week. The low kills haven’t been able to put a floor on the market but several market participants are opining producers could temporarily hold prices this week given the amount of interest and unfilled orders at the end of last week.
Today’s Market
The market was quiet with a modest number of sales quoted….