Valero Q1 Report Casts Shadow on Renewable Diesel Market Despite Bullish Soybean Oil Trends
Gasoil markets saw a remarkable settlement on Friday, April 25, closing significantly higher at $628.50 per metric ton. This represents nearly a $50 per ton increase—or an impressive 8.5% rise—in just 10 days compared to the April futures settlement at $579 per metric ton. This surge is particularly notable given the generally bearish outlook reflected in recent gasoil charts.
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