Despite robust demand for distillates, inventories surged in the first week of January, with all three major areas of the petroleum complex showing larger than expected builds. Imports surged, which was likely the last of the increases seen ahead of the OPEC’s cut which is expected to begin in January of 2017. This appears to be a buy the rumor sell the fact scenario.
The Department of Energy…
01.10.2025
Canadian government awards $11 mln in renewable fuels grants
Canada’s federal government announced on Tuesday January 7 more than C$11 million in grants to support the development of renewable fuels, including sustainable aviation fuel (SAF) and renewable diesel.
01.10.2025
Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks
Draft regulations for the Clean Fuel Production Credit (CFPC), part of the Inflation Reduction Act (IRA), were released on Friday January 10 by the US Treasury Department and the...
01.10.2025
Sausage casings bulletin, January 10, 2025
Runner market commentary
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