Oil Prices Fall As COVID Infections Spike
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Oil prices fell on Tuesday as sentiment shifted due to an increasing amount of uncertainty surrounding the second wave of COVID-19Chart of the Week- Fuel ethanol production capacity in the U.S. hit 17.3 billion gallons per year (gal/y), or 1.1 million barrels per day (b/d), as of January 2020. Capacity was up 3 percent year-on-year in January.- 12 of the top 13 ethanol-producing states are in the Midwest, with Iowa holding 4.5 billion gallons per year in capacity, roughly double the state with the next largest capacity…
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