RFS Market: RIN prices stretch multi-year highs as gas arbitrage supports

Published 18:03 on March 9, 2021  /  Last updated at 21:22 on March 9, 2021  /  Americas, RINs & LCFS, US  /  No Comments

US biofuel credit (RIN) values under the Renewable Fuel Standard (RFS) stormed higher on Tuesday as activity from gasoline traders lent support to expectations of a significant draw on the credit bank and a more stringently enforced programme under President Joe Biden (D).

US biofuel credit (RIN) values under the Renewable Fuel Standard (RFS) stormed higher on Tuesday as activity from gasoline traders lent support to expectations of a significant draw on the credit bank and a more stringently enforced programme under President Joe Biden (D).

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