Warm Holiday Wishes & Thanks from All of Us at DKB!

We would have liked to see a nice correction continue after Monday and Tuesdays dip, but the Market Grinch had other plans. Yesterdays bounce higher focused primarily on the Fed signaling that next years rate cuts may be far less aggressive than what most Americans would like. Still cutting the rate by a ¼ point yesterday, looking out further, the new Administrations decision on tariffs would “present concerns” on additional cuts. Which amounts to a lump of coal in all of our stockings. Oddly, a massive increase in Distillate demand was reported yesterday with Inventories, up 30% over last week and 17% over last year. While a Midwest cold snap could have influenced these somewhat, but we may just be cycling over what has been flat demand year. That cold blast appears to be making its way East and some very cold air expected in the region over the weekend should keep demand elevated. Even over the Holidays we are here to guide you through your fuel and lubricant needs, so please do not hesitate to reach out. As the last update of the year, I would like to say Thank You from All of Us at DKB for your business and partnership. I enjoy the conversations and ability to provide solutions to the whole host of issues that arise in your individual line of work. Have a Happy and Safe Holiday!