• The Energy Information Administration reported a 4.6-million draw in crude oil inventories for the week to March 30, largely in line with analysts polled by IG, who had expected a draw of 4.1 million barrels. For the previous week, the EIA had reported a 1.6-million-barrel build in crude oil inventories. WTI traded at $62.38 a barrel and Brent crude was at $67.11.
• According to Wisconsin Public Radio, despite increased competition from sand mines opening in other parts of the country, especially Texas, sand production is returning to higher levels in Wisconsin. "We're projecting a very good year this year which is going to bring growth to the state of Wisconsin as well as other areas like Texas and many other areas where industrial sand mining has been going on for many, many decades," said Rich Budinger, operations manager for sand company Fairmount Santrol and past president of the Wisconsin Industrial Sand Association.
