01.31.2025
US animal fats and oils markets hold firm on week; signs of softening emerge
After a strong start to the week, the US animal fats and oils markets ended the month on a mixed note on Friday January 31, as ongoing uncertainty continued...
Heating oil prices moved higher on Wednesday following the latest release of inventory estimates from the Department of Energy. Price action has been range bound, despite the most recent attempt by heating oil prices to pierce through the March highs. Although lower gasoline prices have boosted demand, distillate demand has slumped and is down year over year.
Accord…