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Buying some forward diesel fuel needs
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Pat H
Posted 3/28/2017 13:49 (#5928258 - in reply to #5927644)
Subject: RE: Who are the players?


It feels like we are in a trading range with fuel which, to me, says the trade is just playing their own game until something happens. The 'something happens' used to be news like "south pump at Sibley IL gas station was out of service for 10 minutes". That used to be a market mover. Now a pretty good stockpile is a yawner. I have trouble believing the trade overshadows actual physical buyers and sellers, but I guess the 'real' trade must be content to play follower (price isn't too low or too high and the trading range is acceptable).

Like RAB says we have not had a pseudo disaster in a long time.
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