Biodiesel

Biodiesel

 

Biodiesel Market

Crude oil prices closed at a 6-week high as US inventories fall.  Slightly contradicting the move, the EIA reported that domestic gasoline demand slipped by 2% during the week ending July 14th.  The upswing in oil prices helped to underpin HO values, which climbed 2.7% to $1.55 per gallon, a gain of 4 cents.  The BOHO benefited from the strong HO move, falling 2 cents to 91 cents per gallon.  BOHO pricing would have…

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