Heating oil prices fell toward support levels following a stronger than expected inventory build on Wednesday reported by the Energy Information Administration. This was the largest energy build for an individual week since 2001. Storage at Cushing Oklahoma where West Texas Intermediate is priced is 60% full, according to the EIA, and could be completely full by mid-April. Demand remains robust, and…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...