Market Commentary
EPA Advances Proposal for Year-Round E15 Sales
March 5, 2019
White House economic adviser, Kevin Hassett, said that US Trade Representative, Robert Lighthizer, has made progress in talks with China and a deal was possible to end a dispute that has already put tariffs on hundreds of billions of dollars’ worth of goods. The Wall Street Journal reported that US […]
China Skipped U.S. Crude Purchases
February 27, 2019
The inventory update from the private firm API called crude stocks down 4.2 million barrels. Gasoline stocks were reported down 3.9 million barrels and distillates were up 394,000 barrels. The crude oil stocks at Cushing, Ok were up 2.0 million barrels. The estimates for today’s DOE report from the Reuters […]