Falling Heating Oil And Rise In Soybean Oil Prices

Author: Bob Lane

Falling Heating Oil And Rise In Soybean Oil Prices

WTI crude dropped 4 percent with heating oil falling 2.3 percent Rising domestic crude inventories and fears of a global economic slowdown are reigniting as the ongoing US/China trade war is denting confidence in continued growth. Crude inventories increased 2.2 million barrels compared with analyst estimates of a 481,000-barrel decrease. Heating oil prices did not

Read More
Oil prices sank nearly 6% and heating oil lost 4% in value

Oil prices sank nearly 6% and heating oil lost 4% in value

Biodiesel Market Trade fears and the potential of a global economic slowdown took a big chunk out of the...

Weekly LCFS Credit Volume and Price Moves Higher

Weekly LCFS Credit Volume and Price Moves Higher

California’s Low Carbon Fuel Standard (LCFS) credit volume increased slightly from last week even as the number of transactions...

Weekly LCFS Credit Volume Stalls

Weekly LCFS Credit Volume Stalls

RIN values continue to drift in the relatively tight range they have been in for the past two months...

WTI Crude Edged Higher While Soybean Oil Continued To Drop

WTI Crude Edged Higher While Soybean Oil Continued To Drop

Weekly LCFS Credit Volume Volatile Since April Regulator Meeting California’s Low Carbon Fuel Standard (LCFS) credit volume stalled after...

Banked California Low Carbon Fuel Credits Rose For The First Time In Over A Year

Banked California Low Carbon Fuel Credits Rose For The First Time In Over A Year

Banked California low carbon fuel credits rose for first time in over a year, due in part to stronger...

Fourth Quarter Production Accelerated For Both Biodiesel And Renewable Diesel

Fourth Quarter Production Accelerated For Both Biodiesel And Renewable Diesel

California LCFS data shows biodiesel and renewable diesel volumes hit quarterly highs during the fourth quarter of 2018 California...

Weekly LCFS Credit Volume Slows Entering Second Quarter of 2019

Weekly LCFS Credit Volume Slows Entering Second Quarter of 2019

California’s Low Carbon Fuel Standard (LCFS) credit volume eased this week and the average price paid per credit pushed...

January Biodiesel Production and Feedstock Use Dropped

January Biodiesel Production and Feedstock Use Dropped

January Biodiesel Production and Feedstock Use Down 13% from Dec, Up 18% Year Over Year The Energy Information Administration’s...

Blog

04.26.2024

P66 Rodeo to begin producing SAF in Q3

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...

04.26.2024

Slower Gulf demand weighs on animal fats market

Slower Gulf demand weighs on animal fats market

Limited volumes of choice white grease traded at steady prices on Friday April 26, while trading was very quiet outside of the choice white grease market.

Price direction in...

04.26.2024

Porcine bloodmeal FOB Missouri River price drops week on week

Porcine bloodmeal FOB Missouri River price drops week on week

Limited trade was reported on Friday April 26 for US animal proteins, while prices widened downward.

Fastmarkets assessed bloodmeal, porcine, fob Iowa/Missouri/Nebraska at $1,025-1,150 per short ton on...

Latest Tweets