EIA says exports pushed down stocks despite higher production

October 30, 2014 |

In Washington, the Energy Information Agency says that a steady stream of ethanol exports has dragged down stocks nationwide to a five-week low. Stocks hit 17.039 million barrels, down 901,000 barrels the end of last week. Production soared to 937,000 barrels per day, up 40,000 barrels a day, but even so export volumes were such that stocks sank.

 

Print Friendly, PDF & Email

Tags: , ,

Category: Fuels

Thank you for visting the Digest.