11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
Vegetable Oils Prices Jump on Bullish Fundamental Data
Vegetable oil prices jumped sharply on Monday as bullish fundamental data for palm oil exports and soybean oil usage in biofuel production combined with a rally on the Dalian exchange to trigger buying. Once again, crude oil futures rallied during U.S. trading hours, after trading lower for most of the overnight session.
Soybean oil futures rose as much as 2 1/2 percent (September contract +75 basis points per pound) to settle at a post-pandemic crash high. Selling above…