04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
The combination of robust soybean stocks and a stronger US dollar continue to keep pressure on bean oil prices. Hedge fund traders significantly switched futures position in bean oil according to the latest commitment of traders report. With the Fed meeting this week, the dollar is likely to remain stable ahead of their impending decision on interest rates.
The U.S. Department…