U.S. ethanol production moved higher last week, the twelfth week in a row with an increase.
The U.S. Energy Information Administration says production averaged 931,000 barrels a day, up 17,000 on the week, but still 135,000 barrels below a year ago as the industry grapples with slower demand caused by reduced travel linked to COVID-19.
Blending demand and the volume of gasoline supplied to the market were both lower than the previous week’s levels.
