RFS Market: RIN prices crash on report of possible refiner compliance relief

Published 14:47 on June 11, 2021  /  Last updated at 19:08 on June 11, 2021  /  Americas, RINs & LCFS, US  /  No Comments

US biofuel credits (RINs) careened as much as 15% on Friday morning after a news outlet reported that President Joe Biden’s administration is considering relief for Renewable Fuel Standard (RFS) obligated parties to alleviate continued record prices under the programme.

US biofuel credits (RINs) careened as much as 15% in Friday morning trading after a news outlet reported that President Joe Biden’s administration is considering relief for Renewable Fuel Standard (RFS) obligated parties to alleviate continued record prices under the programme.

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