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European refiners may blend more ethanol thanks to low prices

November 27, 2013 |

In Europe, while the future of the trading bloc’s biofuel mandate hangs in the balance, refiners may choose to boost the amount of ethanol blended in gasoline thanks to a $1.08 per cubic meter premium due to nearly 40-month lows for ethanol prices. Gasoline prices in Germany have hit a five-week high, so adding more ethanol may reduce prices at the pump.

Category: Fuels

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