U.S. Ethanol Output Declines to 873,000 Barrels a Day, EIA Says

Lock
This article is for subscribers only.

U.S. ethanol production declined 1.2 percent to the lowest level in three weeks, a report from the Energy Information Administration showed today.

Output fell for a second week, reaching 873,000 barrels a day, the first consecutive declines since March 8, data from the EIA, the Energy Department’s research arm, showed. Inventories increased 2.9 percent to 16.5 million barrels, the highest level since May 3 and the steepest gain since December.