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...
The crush has remained stable in August after tumbling nearly 14% in July month over month. The oil share has traded sideways and increased in value relative to both bean meal and soybeans in August. This comes as soybean oil stocks eased following months of larger than expected stockpiles. Hedge fund traders continue to add to short positions in futures and options, which appears to be offset by…