Strong crack spread raises blending demand for renewable fuels

Strong crack spread raises blending demand for renewable fuels

The oil industry has been seeing strong crack spreads recently, which means that the spread between oil prices and refined product prices is currently wide, Fastmarkets heard on Friday May 31.

Crack spreads are a method used by oil refiners to estimate the profitability in the petroleum market.

Refiners have been reported to be ramping production higher to take advantage of the profitable spread. This has been good for biodiesel and renewable diesel producers.

More fuel production in the US leads to more obligated renewable fuel blending under the Renewable Fuel Standard (RFS). This has renewable fuel suppliers running hard to keep up with oil industry demand.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

Membership required to view content.


...

Membership is required to vi...

06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

Membership required to view content.


Membership required to view content.


Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

Latest Tweets