04.25.2024
US heating oil, distillate fuel consumption lower than usual in Q1
In the first quarter of 2024, US prices for distillate fuel oil — which includes diesel fuels for vehicles and for home heating — was lower than the...
Soybean Oil Rally Continues
Vegetable oil prices rose as the rebound rally in oilseed markets continued on Tuesday. Soybean oil futures gained about 2 1/4 percent on the move higher in the soybean market, while palm oil rose a little less than one percent. The rally in soybean oil, which more than offset concerns about falling demand after bearish cargo surveyor data, drove palm oil gains. The relative gains drove the spread between soybean oil and palm oil wider, with the May contracts…