Crude Oil
ProFarmer’s Brian Grete says these market dips coming out of Independence Day weekend generally set the tone for the weeks to come.
DOE will call for bids on 60 million barrels of oil come Fall 2022. However, the department anticipates deliveries will not be fulfilled until fiscal year 2023—when future oil prices and demand will be lower.
UPDATE: WASHINGTON (AP) - Biden: US ban on Russian oil a ‘powerful blow’ to ‘Putin’s war,’ warns Americans ‘defending freedom is going to cost.’
A $9 billion dollar oil pipeline that became a symbol of the rising political clout of climate change advocates and a flash point in U.S.-Canada relations was officially canceled on Wednesday.
Energy needs and global energy policies will be front and center this year.
Newly revised numbers from the Commerce Department are indicating the gross domestic product (GDP) of the United States increased 3.1 percent from April to June, the fastest growth rate in more than two years.
Newly revised numbers from the Commerce Department are indicating the gross domestic product (GDP) of the United States increased 3.1 percent from April to June, the fastest growth rate in more than two years.
Fight Over Ethanol Escalates as Bankruptcy Refuels Debate (1)