Biodiesel Bulletin

Biodiesel Bulletin

 

Heating Oil Holds Steady Ahead of the Fed

Heating oil prices stabilized on Wednesday ahead of the Federal Reserve monetary policy announcement and after large builds reported in crude oil stocks by both the American Petroleum Institute and the Department of Energy. 

A dovish statement by the Fed could alter the course of the strength of the US dollar, which has created headwinds for heating oil prices and generate a long awaited bounce.  The…

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05.02.2024

UCO, heating oil spread widens

UCO, heating oil spread widens

Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...

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US animal protein prices flat to lower amid light trading

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International animal fats and oils, May 2 2024

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Trade was slow in Europe in the week to Thursday May 2, with animal fats prices showing no change, while the vegetable oil and used cooking oil (UCO) sectors...

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