Page 32 - Corn Ethanol News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Oil futures nearest delivery on the New York Mercantile Exchange and the Brent contract on the Intercontinental Exchange rallied in afternoon trade Tuesday.

With traders positioning ahead of the long Memorial Day holiday weekend, oil futures on the New York Mercantile Exchange erased an early advance to settle the final session of May lower while July Brent crude on the Intercontinental Exchange eked out a modest gain at expiration.

Research shows that the use of corn ethanol reduces the carbon footprint and diminishes greenhouse gases.

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Oil futures and Brent crude were little changed in early trade Wednesday.