Brazilian ethanol imports into Florida boosts nationwide stocks to 7-week high

In Washington, the Energy Information Agency reported an average of 53,000 barrels per day of ethanol imports last week following a massive import of Brazilian ethanol into Florida. The imports pushed nationwide stocks to a seven week high of 21.342 million barrels, up 697,000 barrels on the week. The vast majority of that was in the Gulf Coast region with a 548,000-barrel build to 4.008 million barrels.