05.15.2024
Soybean oil stocks fall with slowing April crush
The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...
Crude Oil Tumble to Support Levels on Robust Supply
Crude oil prices resumed their slide on Friday, as news of global supply continued to overwhelmed demand. Crude stocks in the US are bloated and planned refinery maintenance has reduced throughputs backing up crude oil stocks. In recent weeks, the price of West Texas Intermediate crude oil for near-term delivery declined relative to the price for longer-dated deliveries, deepening the contango in the Nymex WTI…