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U.S. renewable fuel credits rise to two-year high after Reuters report: traders

By Syndicated Content Sep 9, 2020 | 9:05 AM

NEW YORK (Reuters) – U.S. renewable fuel credits traded at their highest since March 2018 on Wednesday after a Reuters report said the Trump administration plans to deny oil refiner requests for retroactive waivers from U.S. biofuel laws.

Renewable fuel (D6) credits for 2020 traded at 55 cents each on Wednesday, up almost 18% from the previous session, traders said.

(Reporting by Stephanie Kelly; Editing by Chizu Nomiyama)

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