The aggregate cost of storing a particular commodity, including, but not limited to, storage fees, cost of money, insurance, etc. Heating oil futures contracts often reflect carrying charges in the fall, leading forward months to trade at a premium to near-term positions.
- Fresh Feeds: Crude oil or petroleum distillates which are being fed to processing units for the first time.
- Recycled Feeds: Feeds that are continuously fed back for additional processing.