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Gasoil Expiry Looms as Crush Margins Peak and Tariffs Roil Global Vegoil Markets
With July off the board, the entire biodiesel market has already transitioned to August trading. BOGO and BOHO values have softened, with...
Henri Bardon
19 minutes ago2 min read


Global Diesel Supply Crunch Lifts Biodiesel Premiums Ahead of Tuesday EPA Public Hearing
A global diesel supply crunch is dominating energy markets this week, pushing prompt-month Gasoil spreads into record backwardation. The...
Henri Bardon
2 days ago2 min read


BOGO Carry (Contango) Defies Feedstock Fundamentals
The passage of the Big Beautiful Bill (BBB) through the House marks a pivotal moment in U.S. biofuels policy. Expected to be signed into...
Henri Bardon
6 days ago2 min read


Senate Passes the BBB — But RINs Signal Caution Amid Margin Squeeze
The Senate’s passage of the “Big Beautiful Bill” (BBB) has triggered a firm recovery in feedstock markets, with soyoil futures jumping...
Henri Bardon
7 days ago2 min read


Summer Grades, Sinking Soy: What US April Feedstock Use Tells Us
The latest EIA data for April 2025 offers the first glimpse into U.S. summer-grade biodiesel and renewable diesel production. Total...
Henri Bardon
Jul 12 min read


BOGO Breakout Defies Gasoil Fundamentals
Despite signs of a global supply crunch in middle distillates, ICE gasoil futures continue to underperform, pushing the BOGO spread to...
Henri Bardon
Jun 272 min read


Heat Crack Ignites as Dollar Sinks
Markets were jolted today by two contrasting macro signals: the heating oil crack surged to 34.13—its highest level in over a year—while...
Henri Bardon
Jun 262 min read


Calm Before the Storm: Biofuels Market Holds Breath Ahead of Weekend Positioning
Markets appeared to settle into a temporary lull on Wednesday, with biodiesel traders navigating steady price action in both Europe and...
Henri Bardon
Jun 252 min read


Volatility Unleashed: Biodiesel Holds Steady Amid Gasoil Collapse
A brutal correction in energy markets sent ICE gasoil tumbling nearly 10% to $670/mt, underscoring the savage volatility gripping...
Henri Bardon
Jun 242 min read


Markets Test Limits as Geopolitical Volatility Reigns
The biodiesel complex faced an intense session to open the week as gasoil collapsed from an early high of $817.75/mt to $699/mt by day’s...
Henri Bardon
Jun 233 min read


Calm in ARAG as Gasoil Rips Through Resistance
The ARAG window was notably subdued today, even as underlying energy markets surged ahead. ICE gasoil broke above its 200-day weighted...
Henri Bardon
Jun 192 min read


Distillate Frenzy: Gasoil Surges and Biodiesel Margins Ignite
ICE gasoil has exploded higher this week, with the July/September spread punching through $25.50/mt and the heat crack surging to...
Henri Bardon
Jun 182 min read


Soybean Silence, Palm Turmoil, Gasoil Roars
A powerful move in energy markets today, with gasoil up 5.47% to $723/mt , a full standard deviation jump that should lend meaningful...
Henri Bardon
Jun 172 min read


CBOT Soy Oil Decouples: First Signs of the New Biofuel Order
The newly proposed RVOs have created a deep fracture in the global biodiesel market by effectively severing U.S. demand from...
Henri Bardon
Jun 162 min read


Global Biofuel Shake-Up: RVOs’ New Rules Hit Foreign Players Hard
The EPA’s newly proposed Renewable Volume Obligations (RVOs) for 2026 and 2027 mark a seismic shift in U.S. biofuels policy, not just by...
Henri Bardon
Jun 152 min read


Geopolitics Jolts Gasoil, But Biofuels Markets Stay Grounded
Markets were jolted overnight by the start of open conflict between Israel and Iran. Gasoil surged sharply, with ICE gasoil jumping more...
Henri Bardon
Jun 133 min read


Palm Oil’s Shadow: Global Feedstocks Under Pressure
European biodiesel and renewable diesel markets continue to show solid margins despite persistent cost pressures. In ARA barge trading,...
Henri Bardon
Jun 112 min read


BOPO Breaks Below $100: Soyoil Weakness Reshapes Market Dynamics
Biodiesel markets in Europe lit up today, with physical premiums in the ARA barge market climbing decisively. FAME 0 (F0) traded as high...
Henri Bardon
Jun 53 min read


Fueling Uncertainty: Euro Surge, RINs Slide, and Chinese UCO Heads to the Emirates
The euro’s 7% appreciation versus the U.S. dollar over the past three months has injected renewed strength into commodity pricing. This...
Henri Bardon
Jun 42 min read


SRE Talk Shakes Confidence in US as India Shields Its Refiners
The first trading session of June opened on a tense note for the global biodiesel complex, with deteriorating economics, thin liquidity,...
Henri Bardon
Jun 12 min read
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