Chicago soybean oil prices futures surged more than 4% at the open, as a spike in energy prices driven by the conflict in the Middle East lifts demand for crops used in biofuel production. Crude oi… [+221 chars]
Source: Bloomberg
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Chicago Soy Oil Jumps 4% as Crude’s Rally Boosts Biofuel Demand
Chicago soybean oil prices futures surged more than 4% at the open, as a spike in energy prices driven by the conflict in the Middle East lifts demand for crops used in biofuel production.
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