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...
** Notice** The Jacobsen will discontinue reporting various price points by the end of March, 2021. Regional biodiesel reporting as well as The Jacobsen B100 Index will be removed in favor of additional biodiesel and renewable diesel price points. Renewable Diesel (cents/gal) California LA will be eliminated along with Biodiesel LA CA dlvd ($/MT). International reporting will be adjusted to better reflect both the Renewable Diesel and Biodiesel Market.
Biodiesel and Ethanol RIN Values Press Higher
Soybean oil prices continue to surge higher, settling at a multi-year high of 53.55 cents per pound at the Chicago Board of Trade. Crude oil prices drifted lower, closing at 64.01 per barrel, while heating oil futures were basically unchanged at $1.91 per gallon. Soybean oil was up more than a penny a pound and is up nearly three cents a pound in the past three trading sessions.
The continued rise in…