02.07.2025
Sausage casings bulletin, February 7, 2025
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Runner market commentary
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The closing numbers
Crude oil prices closed 2% higher, or 93 cents per barrel, at $50.41. The move translated into a 3 cent per gallon jump in heating oil prices, but left RBOB values unchanged. HO closed at $1.81 per gallon, which helped to peel two cents off the BOHO spread. Heating oil prices are at their highest level since July 2nd, 2015….