Heating oil prices rallied to fresh five-month highs of $2.08, with the move helped by API’s inventory report on Tuesday, which revealed a 1.5 million barrel draw in crude stocks. EIA data was also strong showing a larger draw than expected. The dollar edged lower helping crude oil prices as weaker than expected payroll data reduced the demand for the greenback.
U.S. commercial crude oil inventories…
11.27.2024
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
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 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...