05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Solid Demand In Heating Oil, Pushes Heat Crack up 10% in 2015
Heating oil prices moved lower on Wednesday following a stronger than expected build in crude oil and gasoline inventories. Despite the increase in stocks, the heating oil crack continues to move higher, as reduced heating oil stocks, buoyed distillates.
The heating oil crack, which is the spread between heating oil and crude oil and reflects the cost of refining heating oil from crude,…