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