Ethanol Snaps Four-Day Streak of Gains on Global Economic Woes
This article is for subscribers only.
Ethanol snapped a four-day streak of gains on concern the slumping global economy will curtail demand for the biofuel.
Futures fell after a Labor Department report showed applications for jobless benefits last week at 386,000 hovered near the highest level of the year and as European leaders started a two-day summit in Brussels to address the region’s debt crisis.