Biodiesel Bulletin

Biodiesel Bulletin

 

Heating Oil Edges Higher on Gasoline Inventory Draw but Range Bound Market Persists

Heating oil prices moved higher on Wednesday following the latest release of inventory estimates from the Department of Energy.  Price action has been range bound, despite the most recent attempt by heating oil prices to pierce through the March highs.  Although lower gasoline prices have boosted demand, distillate demand has slumped and is down year over year.

Accord…

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