MarketsFarm — Canadian producers may enjoy a lower diesel bill during spring seeding, as reductions in demand have weighed on diesel prices across North America. Patrick DeHaan, head of petroleum […] Read more
Tag Archives crude oil
Diesel prices expected to trend lower
Trump’s ag department sets 30 per cent biofuel goal for 2050
Washington | Reuters — The U.S. Department of Agriculture on Thursday announced a goal for biofuels to make up 30 per cent of U.S. transportation fuels by 2050, a move […] Read more
Garneau re-adjusts train speed limits
New limits in place for 'key trains' with dangerous goods
Having cut speed limits for trains hauling dangerous goods following a fiery derailment earlier this month, federal Transport Minister Marc Garneau is adjusting those limits for a “more targeted” approach. […] Read more
Canada to cut speed limits for trains hauling dangerous goods
New curb follows another Saskatchewan crash, fire
Ottawa/Winnipeg | Reuters — The federal government said Thursday it would impose temporary speed limits on trains hauling dangerous goods after a Canadian Pacific Railway (CP) crude oil train derailed […] Read more
CBOT weekly outlook: Corn, soy steady, watching harvest
MarketsFarm — Chicago Board of Trade soybean and corn futures moved off of nearby lows and generally trended higher following the U.S. Department of Agriculture’s supply/demand data released Thursday. However, […] Read more
U.S. grains: Soy slips on favourable weather, demand disappointment
Chicago | Reuters — U.S. soybean futures eased on Wednesday on mild weather across the U.S. Midwest that lessened risks that crop-damaging frost could hurt the late-planted crop and on […] Read more
U.S. grains: Corn sinks on weather, retreating crude oil
Chicago | Reuters — U.S. corn futures fell on Tuesday for the first time in four sessions on better-than-expected U.S. crop conditions and as crude oil prices, which fuelled the […] Read more
U.S. grains: Corn firms as oil rally offsets Midwest weather
Chicago | Reuters — U.S. corn and soybean futures rose on Monday as support from surging crude oil prices more than offset pressure from favourable weather for late-developing crops. Signs […] Read more
Canada’s fuel prices to rise after attack in Saudi Arabia
MarketsFarm — Following an attack on two major oil facilities in Saudi Arabia, consumers can expect a small rise in fuel prices in the days to come. The attacks on […] Read more
Oil sanctions on Venezuela could benefit Canada
How Canada benefits from the oil sanctions the United States plans to place on Venezuela is contingent on the country’s ability to move its Western Canadian Select crude oil to […] Read more
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