Crude oil prices resumed their slide on Friday, as news of global supply continued to overwhelmed demand. Crude stocks in the US are bloated and planned refinery maintenance has reduced throughputs backing up crude oil stocks. In recent weeks, the price of West Texas Intermediate crude oil for near-term delivery declined relative to the price for longer-dated deliveries, deepening the contango in the Nymex WTI…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...