US cracks ease, on biofuel mandate waivers

  • Oil

ICE Brent prompt contract remained relatively stable at 73.2 $/b, US product markets were under pressure as the Biden administration considered biofuel blending mandates waivers for US refiners. European cracks remained supported, with spot diesel cracks still above 7 $/b at the prompt. 

us biofuel prices
Share this news :

You might also read :

ES-economy
September 23, 2021

Markets absorb Fed announcements smoothly

For a detailed analysis of the Fed’s announcements after its meeting, you can refer to the News sent last night.  Unsurprisingly, the process of reducing asset purchases should…
ES-power
April 7, 2022

EUAs faded on UK auction

The European power spot prices continued to fade amid easing clean gas costs, surging wind output, and improving Belgian nuclear availability. The day-ahead prices averaged…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]