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Home » News » Bioenergy » U.S. Renewable Fuel Credits Hit Multi-Month Highs Amid Surging Demand and Feedstock Costs
Bioenergy

U.S. Renewable Fuel Credits Hit Multi-Month Highs Amid Surging Demand and Feedstock Costs

By Alexander FosterNovember 12, 20242 Mins Read
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Credit: Brett Sayles/Pexels
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U.S. renewable fuel credits, known as Renewable Identification Numbers (RINs), climbed to multi-month highs on Friday due to increased demand from refiners facing compliance mandates and rising soybean oil prices. This unexpected surge in RIN prices came despite predictions that President Donald Trump’s reelection might pressure the market downward. RIN prices for biomass-based diesel (D4)

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