Trump administration not seen rescinding granted biofuel waivers: sources

WASHINGTON (Reuters) - The Trump administration is no longer expected to rescind any of the biofuel waivers already granted to oil refiners after a meeting on Thursday at the White House, sources familiar with the matter said on Friday.

But the administration is looking at ways to account for the waived volumes going forward, according to a list of items agreed upon at a meeting between President Donald Trump and his Cabinet members, a win for U.S. farmers and biofuel industry which say the exemptions destroy demand for their products.

(Reporting by Humeyra Pamuk and Stephanie Kelly and Jarrett Renhsaw in New York,; Editing by Chizu Nomiyama)

Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.