# ICE Expands Its U.S. Renewable Fuels Markets With The Launch Of Renewable Volume Obligation Futures

> Intercontinental Exchange launched two Renewable Volume Obligation futures contracts to hedge exposure to the EPA's Renewable Fuel Standard. The RVO sets annual biofuel volume requirements that drive demand for RINs. The contracts expand ICE's U.S. renewable fuels futures suite.

- Date: 2022-03-28 · published 2022-03-28T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/15412-ice-expands-its-u-s-renewable-fuels-markets-with-the-launch-of-renewable-volume
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Hedging tools for RVO exposure affect refinery and biofuel margins, and they can shape how biofuel blending demand flows through to feedstock prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-04-25 | [Biofuels Stakeholders Issue Statement on Oral Arguments for 2014 – 2016 Renewable Volume Obligations - Fuels Market News](https://feedsoft.ai/events/71377-biofuels-stakeholders-issue-statement-on-oral-arguments-for-2014-2016-renewable.md) | +0.6% | +3.9% |
| SBO | 2016-12-21 | [The Renewable Fuel Standard (RFS): Waiver Authority and Modification of Volumes](https://feedsoft.ai/events/73345-the-renewable-fuel-standard-rfs-waiver-authority-and-modification-of-volumes.md) | -3.3% | -2.5% |
| SBO | 2017-08-01 | [The Renewable Fuel Standard (RFS): Waiver Authority and Modification of Volumes](https://feedsoft.ai/events/69325-the-renewable-fuel-standard-rfs-waiver-authority-and-modification-of-volumes.md) | -3.5% | -0.3% |
| SBO | 2017-01-26 | [The Renewable Fuel Standard (RFS): Waiver Authority and Modification of Volumes](https://feedsoft.ai/events/72875-the-renewable-fuel-standard-rfs-waiver-authority-and-modification-of-volumes.md) | -1.6% | -7.3% |
| SBO | 2018-02-05 | [The Renewable Fuel Standard (RFS): Waiver Authority and Modification of Volumes](https://feedsoft.ai/events/66363-the-renewable-fuel-standard-rfs-waiver-authority-and-modification-of-volumes.md) | -1.7% | -1.5% |
| SOY | 2017-08-01 | [The Renewable Fuel Standard (RFS): Waiver Authority and Modification of Volumes](https://feedsoft.ai/events/69325-the-renewable-fuel-standard-rfs-waiver-authority-and-modification-of-volumes.md) | -3.5% | -6.0% |
| SOY | 2023-06-21 | [NOPA Responds to EPA's Final Rule on RFS Renewable Volume Obligations (RVOs) for 2023-2025 - NOPA](https://feedsoft.ai/events/15300-nopa-responds-to-epa-s-final-rule-on-rfs-renewable-volume-obligations-rvos-for.md) | +1.2% | +1.0% |
| SOY | 2025-06-13 | [NOPA Applauds Expanded Renewable Fuel Standard Volumes - NOPA](https://feedsoft.ai/events/15113-nopa-applauds-expanded-renewable-fuel-standard-volumes-nopa.md) | +2.5% | -4.3% |

## Sources

- mondovisione.com: https://mondovisione.com/news/ice-expands-its-us-renewable-fuels-markets-with-the-launch-of-renewable-volume-2022328/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.