The startup of the new Cushing market link pipeline to the Gulf Coast, as well as strong Midwest refining runs helped reduce oversized oil inventories at the Cushing, Okla., storage hub to the lowest level in two years.
With the launch of Amazon Supply and Google Shopping for Suppliers, having a functional, viable and compelling e-commerce platform is more important now than ever before for PHCP and PVF wholesalers.
Most energy analysts have been surprised by the recent price climb of West Texas Intermediate crude oil to more than $100 per barrel. Since U.S. demand, which reflects the domestically extracted “light crude,” traditionally generates its lowest prices in the winter months, historically annual prices dropped accordingly in 2013, during which prices averaged from the low to middle $90s.
According to the Metals Service Center Institute, year-over-year growth picked up slightly in the United States for both steel and aluminum in February.
April 11, 2014
According to the Metals Service Center Institute, year-over-year growth picked up slightly in the United States for both steel and aluminum in February.