04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
Heating oil prices moved lower on Wednesday following a stronger than expected build in crude oil and gasoline inventories. Despite the increase in stocks, the heating oil crack continues to move higher, as reduced heating oil stocks, buoyed distillates.
The heating oil crack, which is the spread between heating oil and crude oil and reflects the cost of refining heating oil from crude,…