DCO Production Moves Higher
The overall tone of the market was quiet today with many opting to buy and sell on a hand...
June STEO Sees Reduced Gas, Ethanol, and Diesel Consumption in 2024
The U.S. Energy Information Administration (EIA) delivered their June Short Term Energy Outlook (STEO) yesterday. It showed mostly downward adjustments in fuel consumption for both gasoline and diesel in 2024, along with renewable diesel production and consumption continuing to trend higher in 2023 and 2024.
The 2023 forecast for gasoline consumption was raised 10,000 barrels per day (bpd) to 8.89 million bpd, while the 2024 forecast was adjusted 30,000 bpd lower to 8.88 million bpd....
Read More