04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
Bean oil prices are trading in the middle of a 6-month upward sloping channel, and trading heavy after US export sales missed expectations. The USDA said U.S. exporters generated revenue on 903,600 metric tons of soybeans during the week ended November 16, below forecasts. Bean oil sales also missed estimates. Hedged fund traders added to both long and short futures and options positions according to…