Biodiesel Bulletin

Biodiesel Bulletin

 

Heating Oil Could Squeeze Higher, but Trend is Downward

Heating oil prices moved higher on Wednesday, after testing support and failing to make a lower low.  Prices fell through support levels on Monday and attempted a rebound on Tuesday.  The technical show that heating oil prices are oversold and recent additions to short position in futures and options could set prices up for a short squeeze.

According to the most recent commitment of traders…

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11.27.2024

Regional biodiesel prices stable amid low buying, selling interest

Regional biodiesel prices stable amid low buying, selling interest

Regional biodiesel prices were stable on Wednesday November 27 amid low buying and selling interest.

Biofuel markets in general have slowed ahead of the implementation of the Clean...

11.27.2024

US animal fats and oils markets quiet amid Thanksgiving holiday; ethanol, DCO production hits record high

US animal fats and oils markets quiet amid Thanksgiving holiday; ethanol, DCO production hits record high

The US animal fats and oils markets was steady on Wednesday November 27, as trading was subdued ahead of the Thanksgiving holiday.

The...

11.27.2024

US animal protein November price average higher month on month

US animal protein November price average higher month on month

US animal proteins were steady on Wednesday November 27. Light trade was reported from market sources on the last day ahead of the extended Thanksgiving holiday weekend.

November...

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