The biofuel industry is evolving rapidly, driven by technological advances, shifting regulations, and growing environmental concerns....

Energy gave back a large part of the war premium today as the market started to price a reopening of the Strait of Hormuz, but the screen is now moving faster than the ships. WTI July fell to $75.79, down $4.96, while Brent August fell to $78.98, down $4.19. ICE gasoil followed, with July last around $893.50/MT, down $40.25 on the day. The technical break is now clear. July gasoil has traded below both its 20-day WDMA at $1,125/MT and its 50-day WDMA at $944.96/MT. The next m

The market had one clean reaction to the US-Iran interim agreement: sell flat energy first and ask questions later. July gasoil fell more than $100/mt on the day to roughly $926/mt, down 10.2%, with the weekly chart now breaking below the 50-week moving average area near $890/mt after trading above $1,000/mt last week. Brent and WTI moved in the same direction, with front Brent down more than $7/bbl toward $83/bbl and WTI down more than $4/bbl toward $80/bbl. On the screen, t

The biofuel sector is evolving rapidly, driven by increasing demand for sustainable energy and stricter environmental regulations. Optimizing operations in this industry is no longer optional; it is essential for survival and growth. From feedstock sourcing to production processes and distribution logistics, every step offers opportunities for improvement. In this post, I will share practical insights and actionable strategies to help biofuel businesses streamline their opera

I delayed Friday’s recap because the market was already trading the possibility of a Mideast agreement, and by Sunday we finally had confirmation of a political framework. Asia is now open, so today’s quotes reflect the first real trade after the agreement headlines rather than only Friday settlement. The first reaction was clear. Energy gave back a large part of the war premium. WTI July traded at $80.54, down $4.34, or 5.11%. Brent August traded at $87.33, down $3.05, or 3.

The energy market remains trapped between two opposing signals. The physical signal is still bullish. Hormuz remains effectively closed, June gasoil expired at a $21.25/mt premium to July, and D4 RINs remain near 2.43. The financial signal is less supportive. WTI July settled near $87.92, down $2.11 on the day, while Brent July settled near $90.69, down $2.41. That is the daily contradiction. The physical market is not normal, but flat price still keeps fading each war headli

Energy took back leadership today as the Gulf risk premium returned. Brent August traded at $93.94 per barrel, up $2.49, while WTI July reached $91.13, up $2.93. Heating oil July traded at $3.6401 per gallon, up 2.78%, and ICE gasoil July traded around $1,052 per mt. ICE gasoil June expires tomorrow, so the front spread needs to be read carefully. June/July closed at +$7 per mt, down from +$9.75, showing some expiry-related easing at the front. The more relevant forward signa

Today was an unusual session. Crude oil fell, gold fell, gasoil fell, and gasoline cracks improved. WTI July was down 3.33% at $88.26, Brent August was down 2.99% at $91.43, and ICE gasoil July was down 3.40% at $1,023.25/mt. Gold also fell 1.77% to $4,259.2. This is not the usual combination for a market trading pure geopolitical relief. It looks more like broad liquidation, helped by negotiation headlines, Saudi official selling price cuts, and visible signs of weaker refin

July bean oil is around 74.22 c/lb, equal to $1,634/mt, while the July bean-oil-to-gasoil ratio slipped to 1.554x, down 0.48% on the day and down 12.65% over three months. September is at 1.574x, down 13.27% over three months, and December is at 1.668x, down 11.99% over the same period. The chart looks technically tired because soybean oil has stopped gaining on gasoil, even with July bean oil still above $1,630/mt. BOGO and BOHO confirm the same signal. July BOGO is still hi

D4 RINs finally stopped their unrelenting climb today, and the timing is difficult to ignore. AFPM has filed a petition in the U.S. Court of Appeals for the D.C. Circuit challenging EPA’s final rule setting the 2026 and 2027 RFS volume requirements. The petition is not yet a full legal brief, but it preserves AFPM’s right to seek judicial review. That was enough to make the market pause. Dec26 D4 RINs traded at 2.408, down 0.918% on the day, while Dec27 was shown at 2.441, do

The screen tried to sell peace today, but the biofuel market did not confirm a clean bearish turn. WTI July fell $3.71/bbl to $92.31, Brent August fell $2.62/bbl to $95.19, ICE gasoil June fell $49.75/mt to $1,074/mt, and heating oil July fell 18.30 cents to $3.6651/gal. That was a large energy correction, driven by ceasefire headlines and hope of wider de-escalation in the Middle East. The problem for biodiesel traders is that the structure underneath the move still looks ti

Today’s biodiesel market is no longer trading a simple feedstock story. July ICE gasoil rallied $55.25/mt, or 5.22%, to $1,113.25/mt, while June gasoil rallied $58/mt, or 5.41%, to $1,129.75/mt. WTI July was up $2.49/bbl, or 2.66%, to $96.25/bbl, and Brent July was up $2.20/bbl, or 2.29%, to $98.20/bbl. This matters directly for biodiesel and renewable diesel because the distillate barrel is carrying the market again. The move is not only geopolitical. U.S. crude inventories

The energy yo-yo continued Tuesday. Front-month ICE gasoil fell another $14.50/mt to $1,067/mt while Brent for August settled near $96.16/bbl. Yet despite the weakness in petroleum, soybean oil remains remarkably resilient - this is a solid sign that Energy is not going lower. July CBOT soybean oil closed at 78.41 c/lb, equivalent to $1,729/mt, down only 0.86% on the day after recently reaching its highest level since 2022. U.S. soybean crush margins continue to signal aggre

Monday's market action delivered a clear message: traders are increasingly rejecting the peace dividend narrative. Despite continuing headlines around diplomacy, crude oil rallied sharply with WTI closing above $92/bbl while soybean oil remained resilient and D4 RINs continued their advance. The reason is becoming increasingly obvious. Inventories continue moving lower almost everywhere. U.S. commercial crude inventories have fallen from roughly 465 million barrels in April t

Be so kind if you are enjoying reading my daily free analysis to subscribe to my Substack insuring that my article get delivered directly to your mail inbox https://open.substack.com/pub/globalbiodiesel/p/the-petroleum-market-priced-peace?r=3f53s9&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true The final trading day of the week highlighted an increasingly unusual disconnect between petroleum and biofuels markets. July ICE Gasoil settled at $1,019.50/mt, down $12.50/m

D4 RINs exploded again higher on Thursday with June 2026 D4 futures trading at 2.30, December 2026 at 2.322 and December 2027 at 2.348, extending what has become an almost daily repricing of the US biomass-based diesel mandate. The move comes as traders increasingly realize that the finalized EPA RVOs are structurally tightening the available pool of qualifying feedstocks while renewable diesel and SAF capacity continue to expand across North America. D4 RINs The implications

Energy markets reversed sharply lower today as traders aggressively liquidated geopolitical length on headlines centered around internal peace discussions and diplomatic contacts related to the Iran conflict. The problem for bears is that very little hard evidence has emerged pointing toward an actual operational resolution. There are still no confirmed agreements on sanctions relief, Hormuz shipping security, Iranian export normalization, or verified ceasefire mechanisms. At

Crude and products sold off sharply Tuesday as markets reacted to renewed geopolitical headlines suggesting possible progress toward de-escalation in the Middle East together with another massive release from the U.S. Strategic Petroleum Reserve to insure adequate supplies. July Brent settled at $99.10/bbl, down 3.94% on the day, while June WTI fell 2.56% to $94.13/bbl. June ICE gasoil declined 5.02% to $1078.25/mt after trading as high as $1094/mt intraday. Despite the outri

The biofuels market ended the week with a growing disconnect between financial diesel scarcity and physical diesel consumption in the United States. D4 RINs surged to $2.20 for Dec26 and $2.25 for Dec27, extending the move that we highlighted yesterday as compliance economics tightened aggressively against refiners. At current values, the RIN market is no longer a secondary compliance cost. It is becoming a direct transfer of margin away from standalone refining and toward re

ICE Jun gasoil settled today at $1149.75/mt, down another $21.25/mt or 1.81% on the session, while the nearby Jun/Dec backwardation still held near an extraordinary $209.50/mt. Even after the recent correction, prompt diesel structures remain historically tight and continue to signal constrained nearby middle distillate availability. Storm of headlines continue to emanate from Pakistan/Iran and Washington that no one can control. The correction in gasoil has not materially w