top of page


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
Â
Â
Â


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
Â
Â
Â


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
Â
Â
Â


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
Â
Â
Â


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
Â
Â
Â


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
Â
Â
Â


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
Â
Â
Â


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
Â
Â
Â


Soft Oils Slide, 45Z Stalls—Is Palm Oil the Next Big Winner?
This week’s developments in biofuels policy and pricing offer a glimpse into a sector navigating both regulatory gridlock and shifting...
Henri Bardon
May 292 min read
Â
Â
Â


Post-Holiday Pause or Calm Before the Storm?
Markets returned from the U.S. Memorial Day holiday into a relatively quiet landscape, with European activity also subdued due to a...
Henri Bardon
May 292 min read
Â
Â
Â


SAF Mandates Rise as Refiners Push Back on RFS – Echoes of 2018?
As the spotlight remains fixed on Sustainable Aviation Fuel (SAF) mandates globally, SAF continues to command a striking premium....
Henri Bardon
May 233 min read
Â
Â
Â


Abundant Oils, Restrained Waste: A Pivotal Moment for Biofuels Policy
Vegetable oil production is set to hit a new record in 2025/26, with global output forecast at 234.5 million tonnes—enough to fully meet...
Henri Bardon
May 222 min read
Â
Â
Â


Tariff Tensions, Margin Pressures hits Chevron, and the Weight of a Weak Dollar
It was a notably quiet session in the ARAG barge market today, yet FAME 0 still managed to trade at $1287/mt and UCOME at $1401/mt. These...
Henri Bardon
May 212 min read
Â
Â
Â


Greenergy Halts Plant, Asia Discounts Gasoil, Market Holds Breath
It was a subdued day in the biodiesel and renewable diesel markets, with little change in the BOGO spread, holding steady at +478. The...
Henri Bardon
May 202 min read
Â
Â
Â


Rapeseed Recovery and Soft Oil Parity Mark a Turning Point in European Feedstock Markets
Markets opened the week with a significant update from the EU, which raised its 2025 rapeseed production forecast by 2.5 million tonnes....
Henri Bardon
May 192 min read
Â
Â
Â


Soybean Oil and BOGO Tumble Amid Regulatory and Market Turbulence
Market volatility surged significantly today, with BOGO dropping sharply to +464, driven primarily by a steep decline in soybean oil...
Henri Bardon
May 162 min read
Â
Â
Â


Cracks in Confidence: U.S. Bets on Biofuel Reform While EU Struggles with HVO Fraud
Today’s market showed signs of structural tightening as Jun/Sep and Jun/Dec ICE gasoil backwardations widened by +$12.50 and +$17.25/mt...
Henri Bardon
May 152 min read
Â
Â
Â


Extension of 45z Lifts RD Outlook, D4 Rins Tank as Policy Leans on PTC
A major shift unfolded this week as the House Ways and Means Committee passed a bill modifying and extending the 45Z clean fuel...
Henri Bardon
May 142 min read
Â
Â
Â


Markets Energized by Temporary US-China Tariff Ceasefire Amid Strong Soy Production
Soybean markets kicked off Monday positively, driven by robust global production and a favorable USDA report. Soybean disposals from the...
Henri Bardon
May 122 min read
Â
Â
Â


Soybean oil rebounds against rapeseed in EU; RTFO hidden challenges for U.S. Ethanol in UK
The biodiesel and renewable diesel markets in both the U.S. and Europe experienced subdued trading activity today, largely due to ongoing...
Henri Bardon
May 92 min read
Â
Â
Â
bottom of page