Ethanol production dips slightly but stocks reach pandemic levels

March 16, 2022 |

In Washington, Dow Jones reports Energy Information Administration data shows ethanol production fell slightly last week to 1.026 million barrels per day, but stocks returned to pandemic levels to 25.95 million barrels, up from 25.27 million barrels the week prior. Analysts had expected production to fall even further to between 1.013 million barrels per day to 1.035 million barrels per day, but they were caught off guard by the build in stocks that they only saw between 25.25 million barrels to 25.5 million barrels.

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Category: Fuels

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