9-28-20 RCC Energy Market Update

Markets finished the day higher as we close out on Monday in part due to a weaker US Dollar. Counter to typical seasonal pricing, RBOB still has some enthusiasm connected to refinery cuts and tropical storm activity. Distillate futures are still lagging behind RBOB, as supplies remain at high levels. Crude finished up $0.35, heat finished up $0.0133, RBOB also finished higher today – up $0.0324.