Crude oil prices continue to trade under pressure after attempting to trade higher on Friday. This has been a rough week for WTI, as imports remained strong and production in the United States continue to increase. In its Short Term Energy Outlook for March, the EIA estimate that U.S. crude oil production averaged 8.9 million barrels per day in 2016. U.S crude oil production is forecast to average 9.2 million barrels per day in 2017…
11.18.2024
EIA reduces US biomass-based diesel consumption forecast for 2024, 2025
The US Energy Information Administration’s (EIA) monthly Short-Term Energy Outlook (STEO) released on Wednesday November 13, reduced its 2024 and 2025 forecasts for the consumption biomass-based diesel (BBD). The...
11.18.2024
UCO prices rise to start week; December cattle slaughter expected to decline
Used cooking oil (UCO) prices edged higher in the US Gulf Coast on Monday November 18, amid an otherwise quiet start to the week...
11.18.2024
Missouri River, Texas Panhandle ruminant bloodmeal prices higher on active demand
US animal proteins were steady to higher on Monday November 18.
Bloodmeal demand was indicated as active by market sources, although some buyer hesitancy was reported. Ruminant bloodmeal...