04.23.2024
Rising BOHO spread spurs RIN values higher
Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...
During the heart of the winter season it is difficult for traders to focus on gasoline, but as the calendar changes to February, petroleum traders begin to look at the outlook for gasoline prices. Although inventories of gasoline remain robust and above their 5-year highs, demand has kept stocks from moving to 80-year highs which is the case for crude oil.
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