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...
Trading was lower out of the Australian market this week. A lack of demand from Singapore continues to weigh on the market. New Zealand values were flat, but there is some upward pressure tied to the NZ$ sinking versus the US$.
The US export market continues to remain uneventful, particularly with the absence of Singapore in the market. Local trading has been fairly uneventful as well. The holiday season seems to be keeping things quiet in the…