In 2022, distillate fuel oil demand on the U.S. West Coast fell to its lowest level since 2002 and is expected to be even lower this year due to the increased use of biofuels, chiefly renewable diesel, the U.S. EIA said in its latest This Week in Petroleum report. Biofuels have gained a larger market share of the region’s diesel pool as clean-fuel programs incentivize their use.
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11.11.2024
Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost
Biodiesel margins continued to fall during the week ending Friday November 8, with rising feedstock cost pushing the soybean oil/heating oil (BOHO) spread to its highest level in more...
11.11.2024
DCO starts the week higher; hog slaughter increases slightly
Distillers’ corn oil (DCO) traded higher out of the FOB Midwest markets on Monday November 11 in what was otherwise a quiet market to start the week.
A...
11.11.2024
US cattle slaughter continues to fall behind 2023 levels
Trading was quiet in the US animal protein market on Monday November 11, with no price changes reported.
Cattle slaughter
Fastmarkets’ research team forecasts cattle slaughter at 625,000...