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November 17, 2008 | Jim Lane | Comments 0

Biofuels Digest Index slips 0.96 percent to 51.68 as ethanol wanes, oil gains

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slipped 0.96 percent to 51.68.  Archer Daniels Midland (ADM) gained 5.54 percent to close at $24.56, while British Petroleum (BP) gained 4.20 percent to $43.90. Among small caps, Bluefire Ethanol (BFR) fell 11.76 percent to close at $1.05. Overall, declines and advances were even for the day.

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