U.S. #ethanol, week ended May 8:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="▪️" title="Black small square" aria-label="Emoji: Black small square">Output 617k B/D, up 15% from April 24 all-time low, up 3% on the week
https://abs.twimg.com/emoji/v2/... draggable="false" alt="▪️" title="Black small square" aria-label="Emoji: Black small square">Stocks fall for 3rd wk in a row to 24.19 mln barrels, down 13% from April 17 all-time high
https://abs.twimg.com/emoji/v2/... draggable="false" alt="▪️" title="Black small square" aria-label="Emoji: Black small square">Implied daily usage up 17% on the week and up 72% from April 3 all-time low
#Ethanol use last week was the highest in 7 weeks, but still down 23% from the 7 weeks ago level, which was still relatively normal.
U.S. gasoline demand was up 39% in the recent 3-week period:
U.S. gasoline demand was up 39% in the recent 3-week period: