Biodiesel Market

Crude oil closed at $48.75 on the NYMEX, settling at its highest level in nearly two months.  Heating oil futures followed, pushing up nearly 3 cents to close at $1.59½. Heating oil values appear to testing resistance at $1.60.  Soybean oil futures also claimed positive ground, advancing 23 ticks to 33.73 cents per pound and regaining most of this week’s decline.   The BOHO spread dropped nearly a penny to 88 cents per…