Heating oil prices fell toward support levels following a stronger than expected inventory build on Wednesday reported by the Energy Information Administration. This was the largest energy build for an individual week since 2001. Storage at Cushing Oklahoma where West Texas Intermediate is priced is 60% full, according to the EIA, and could be completely full by mid-April. Demand remains robust, and…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...