Brazil’s corn ethanol production is set to hit 6 billion liters this season, marking a nearly 40% increase from the last cycle and setting a historical record for the nation. In comparison, the 2019 season closed with a production of just under 800 million liters, indicating the current output is nearly eight times greater. The […]
Related Posts
U.S. Oil Inventory Decline Spurs Price Increase
Last Thursday marked a pivotal moment in the oil markets. U.S. oil stockpiles dwindled more significantly than expected, driving oil prices upward amidst a bustling travel season. On the New York Mercantile Exchange, West Texas Intermediate (WTI) for August delivery saw an increase of 0.72%, closing at $81.29 per barrel. Similarly, Brent crude for the […]
