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...
Prices are mixed with western markets moving higher in contrast to the Buffalo market which rolled back several dollars. Demand remains strong in the West as cattle feed demand is keeping supplies moving briskly and merchants have to keep raising prices to temper demand. The combination of recent declines in corn futures late last week and early this week and rallying western midds prices caused the relative prices…