Heating oil prices moved higher on Wednesday following a report from the Department of Energy that showed increasing demand for gasoline and less of a decline in demand for distillates. News that major oil producers from OPEC and Non-OPEC nations would gather in April also helped prices gain traction. Imports of crude oil declined in the latest week, but are higher over the past 4-weeks.
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01.06.2025
SkyNRG Washington SAF plant to receive $1.5 million planning grant
The $1.5 million grant is intended for use in engineering, permitting and logistics studies towards the planning of the facility, which will produce 50 million gallons of SAF per...
01.06.2025
Animal fat prices in Gulf show upward pressure; weekly hog slaughter increases
The US animal fats and oils markets began the week of Monday January 6 on a relatively active note as trading gradually picks up following the holiday season.
01.06.2025
Potential January ILA port strike weighs on market sentiment
US animal proteins prices were steady day on day on Monday January 6 amid an impending port strike.
A January 15 deadline is set for the International Longshoremen’s...