Tag: Fuels

Prices of US biofuels credits jump on supply worries

Prices of US biofuels credits jump on supply worries

Higher biofuels use requirements in 2017 By Chris Prentice NEW YORK, June 29 (Reuters) – U.S. biofuels credits hit near three-year highs on Wednesday after Goldman Sachs Group warned supplies could more than halve by the end of 2017, in what could mark the return of prolonged wild prices in the niche market for the […]

Gulf Coast cash gasoline down on expected refinery unit restart

Gulf Coast cash gasoline down on expected refinery unit restart

Gulf Coast cash gasoline down, production up By Kristen Hays HOUSTON, May 3 (Reuters) – Gulf Coast cash gasoline differentials fell on Tuesday as the well-supplied market anticipated this week’s restart of a gasoline-making unit at the nation’s largest refinery, traders said. The expected restart of a fluid catalytic cracking unit at Motiva Enterprises’ 603,000-barrel-per-day refinery […]