The fuel industry is in constant flux, and we always keep an eye on any developments that can benefit our clients. Here, we’ll share findings, some research, and our opinions on a wide range of topics related to our industry.

The Core Fuels Market Outlook For January, 2023

Energy markets, across the board, continued to slide in January as inventories build. Crude oil is trading in the mid-70s and has been trending downwards. Unfortunately, Canadian crude is still selling at a major discount to the WTI benchmark – which doesn’t benefit anyone. The lower crude market and inventory builds have helped push gasoline and distillates downwards. Propane prices endured a slight rise over the New Year but have receded lately. We appear to be well supplied with all energy products heading into February.

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