Major trade houses boosting their US renewable fuels trading desks

June 21, 2021 |

In Illinois, Reuters reports that in response to increased interest in renewable diesel, key traders including Citadel, Gunvor and Trafigura are on a hiring spree to make sure they have enough people on hand to tackle the growing demand for the fuel. The companies already have grown their European desks where advanced biofuels have been available for longer, but the recent trend of oil refineries shifting part of their production to HVO has driven the need to expand their US trading desks as well.

Category: Fuels

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