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...
Soybean Oil Prices Rally on Gains in Crude Oil and Soybean Futures, but Fund Spreading Limits Advance
A rally in crude oil prices and sharp gains in the soybean complex helped lift soybean oil futures by almost two percent (May contract +50 basis points per pound) on Monday. However, gains were smaller in deferred contracts, and fund liquidation of long oil share positions limited the advance. The rally, which was…