The EPA is sending delayed 2026 biofuel quotas to the White House on Wednesday, according to Reuters' Renshaw
Newsquawk Staff ·
The EPA is sending delayed 2026 biofuel quotas to the White House on Wednesday, according to Reuters' Renshaw.
What it means
The EPA's decision to send delayed biofuel quotas to the White House signals progress in regulatory measures that could impact the biofuel market and related energy sectors. Traders should monitor how this development may influence energy prices and the regulatory landscape around renewable fuels, particularly as it may affect supply chains and compliance costs for energy producers.
Sources
- Vietnam's government is considering cutting special consumption tax on gasoline to zero
- US President Trump says he is terminating Biden's methane regulations
- US Weekly Private Energy Inventory Data (bbls): Crude -2.0mln (exp. +0.5mln), Gasoline +2.4mln (exp. -1.3mln), Distillate +0.4mln (exp. -0.9mln), Cushing -0.5mln
- CRUDE WRAP: WTI (Z6) SETTLES USD 1.86 LOWER AT 99.90/BBL; BRENT (F7) SETTLES USD 1.33 LOWER AT 109.41/BBL
- US Energy Secretary Wright says the suspension of sanctions on Russia is temporary; US is ramping up LNG exports
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