Much Needed Net Import Narrowing
The first draw to commercial crude stocks in four weeks and the largest draw to commercial crude stocks this year was reported by the EIA on Wednesday. Despite commercial crude stocks still registering 65 million bbls above year-ago levels, prompt month WTI is now on track to close higher on the week.
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Weather-specific Safety Plans are Critical for Successful Outdoor Events
Hundreds of thousands of outdoor events occur across the world each year, from large music festivals to small-town, little league baseball games. Weather, particularly lightning and severe storms, is a key safety consideration for each of these outdoor events.
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Weather challenges airport operations year-round
For airport ground operations, every season brings different weather challenges. These adverse conditions can cause problems for ramp safety and operational efficiency.
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Rising Crude Production and COVID Cases Create Headwinds
The EIA’s weekly U.S. crude production estimate rose 500,000 bpd in this week’s report, registering at 11 million bpd. Much of the rise in the EIA’s production estimate this week reflects the return of offshore production following shut-ins during the prior week amid Tropical Storm Cristobal.
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5 Signs Your Rack Pricing Data Isn’t Good Enough
If your livelihood depends on buying or selling fuel, then you know how volatile the market can be. And you understand that access to timely information is crucial for your success. Robust rack pricing data is critical to help you stay on top of price changes and maximizing your profit margin.
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Green Shoots Appear in EIA Data
Commercial crude stocks rising for the third consecutive week to new record highs in the week ending June 12 continues to highlight an oversupplied crude market suffering from depressed demand.
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Why You Need Accurate Forecasts for Your Pesticide Treatment Plan
Pest damage to crops and production can lead to reduced yields and a ruined bottom line. Investing in a procedure that minimizes, controls, or eradicates this damage is critical for any primary producer.
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A Much-Needed Crude Price Correction
Last Friday, we pointed out that the weekly EIA data was far from bullish despite the attention given to the reported draw to commercial crude stocks.
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