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Update: US Weekly Ethanol Production Dropped, EIA Says

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(Updates with additional details.)

US weekly ethanol production dropped slightly, according to the US Energy Information Administration report on Wednesday.

For the week ending July 3, US ethanol production averaged 1.09 million barrels per day, below last week's 1.12 mmb/d and almost unchanged from last year's levels.

The four-week average output at 1.10 mmb/d was above 1.09 mmb/d a year ago.

Midwest ethanol production averaged 1.03 mmb/d, down from 1.05 mmb/d the previous week. Four-week average output at 1.04 mmb/d, compared with 1.03 mmb/d a year ago.

Domestic ethanol inventories ended the week at 23.9 million barrels, down from 24.7 mmbbls a week ago and from 24 mmbbls a year ago.

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US Oil Update: Futures Rally After US Launches Retaliatory Strikes, Revokes Iran Crude Sale Waiver

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Commodities

US Refiners Poised to Beat Q3 Estimates on Strong Product Margins, TPH Energy Says

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$CVI$DINO$DK$MPC$PARR$PBF$PSX$VLO
Commodities

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