04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
Oil prices continued to push higher on hopes for a coordinated production cut. Russia announced a willingness to join oil in cutting output but wants the US to participate as well. Oil traders were pleased with what they heard and WTI crude gained 12 percent in price, following yesterday’s 25 percent jump. For the week, oil…