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Stephanie Kelly

Facing farmer anger, Trump scrambles Cabinet to brainstorm on biofuel policy: sources

2:46am BST

WASHINGTON/NEW YORK U.S. President Donald Trump, faced with mounting anger in the farm belt over policies that allow oil refineries to use less corn-based ethanol, summoned Cabinet members on Thursday to discuss ways to boost biofuel demand, four sources familiar with the matter said.

Oil steadies as U.S. crude stocks draw but fuel inventories rise

21 Aug 2019

NEW YORK Oil futures steadied on Wednesday after U.S. government data showed a drawdown in domestic crude stocks but rises in refined product inventories, while lingering worries about the global economy weighed on the market.

U.S. biofuel credit prices jump on news of Trump meeting on farmer anger: traders

21 Aug 2019

NEW YORK U.S. renewable fuel credits for 2019 traded higher on Tuesday, market participants said, following news that President Donald Trump ordered cabinet members on Monday to assuage farmers' concerns over his administration's biofuel policy.

UPDATE 2-U.S. biofuel credit prices jump on news of Trump meeting on farmer anger -traders

20 Aug 2019

NEW YORK, Aug 20 U.S. renewable fuel credits for 2019 traded higher on Tuesday, market participants said, following news that President Donald Trump ordered cabinet members on Monday to assuage farmers' concerns over his administration's biofuel policy.

Marquis Energy to cut ethanol production rates at Wisconsin plant: CEO

20 Aug 2019

Marquis Energy will cut ethanol production rates at its 100 million gallons-per-year plant in Necedah, Wisconsin, Chief Executive Officer Mark Marquis told Reuters on Tuesday, the latest company to announce output cuts amid weaker margins.

Marquis Energy to cut ethanol production rates at Wisconsin plant -CEO

20 Aug 2019

Aug 20 Marquis Energy will cut ethanol production rates at its 100 million gallons-per-year plant in Necedah, Wisconsin, Chief Executive Officer Mark Marquis told Reuters on Tuesday, the latest company to announce output cuts amid weaker margins.

Oil rises on European stock draw despite demand slowdown forecast

09 Aug 2019

NEW YORK Oil prices rose more than $1 a barrel on Friday, supported by a drop in European inventories and OPEC output cuts despite the International Energy Agency reporting demand growth at its lowest since the financial crisis of 2008.

RPT-U.S. Northeast fuel sellers brace for uncertain winter for heating oil supply

08 Aug 2019

NEW YORK, Aug 8 Fuel distributors in the U.S. Northeast are preparing for an uncertain heating oil season this winter, with some locking in additional contracts, as upcoming global sulfur regulations are due to pull on distillate fuel demand, market participants said.

U.S. Northeast fuel sellers brace for uncertain winter for heating oil supply

08 Aug 2019

NEW YORK Fuel distributors in the U.S. Northeast are preparing for an uncertain heating oil season this winter, with some locking in additional contracts, as upcoming global sulfur regulations are due to pull on distillate fuel demand, market participants said.

U.S. Northeast fuel sellers brace for uncertain winter for heating oil supply

08 Aug 2019

NEW YORK, Aug 8 Fuel distributors in the U.S. Northeast are preparing for an uncertain heating oil season this winter, with some locking in additional contracts, as upcoming global sulfur regulations are due to pull on distillate fuel demand, market participants said.

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