Demand for soy oil driving price to the upside
When petroleum diesel prices rise, renewable diesel and biodiesel become more competitive. As the crude oil price has climbed in the weeks since the beginning of the war in Iran, soy oil prices have followed suit. However, it’s not just the war that is causing price movement to the upside. In March, the EPA finalized its RFS rule, mandating the highest biodiesel and renewable diesel blending volumes in history for 2026–27. This has led to another boost in demand for domestically produced...















