U.S. Manufacturers Emerge From Slump, Set to Boost Fuel Use: Kemp

U.S. manufacturers have finally pulled out of the long, shallow slump that started in the middle of 2022, which will support petroleum consumption especially for diesel and other middle distillates in the months ahead. The Institute for Supply Management’s purchasing managers index for the manufacturing sector climbed to 50.3 in March (34th percentile for all … Read more