April 3, 2018 / 5:15 PM / 9 months ago

U.S. biofuel credits fall on refiner exemption report: traders

NEW YORK (Reuters) - U.S. renewable fuel credits (D6) drop 6 cents each on Tuesday, trading at 38 cents each, traders said.

The credits came under pressure after Reuters reported the U.S. Environmental Protection had granted Andeavor ANDV.N a small refinery exemption, traders said. Andeavor is one of the nation’s largest oil refining companies.

Reporting By Jarrett Renshaw; Editing by Susan Thomas

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