crude oil Archives | Page 14 of 14

Diesel prices seen softening soon

By Dave Sims July 7, 2015

CNS Canada — Canadian diesel prices should go down between now and the end of the summer, according to a fuel expert. Since early May, the price of diesel across the Prairies has largely been in and around the 94-98 cents per litre range. Tom Kloza of the Oil Price Information Service reported prices on […] Read more

Crops, Machinery, Markets

Diesel prices seen staying low until July

By Dave Sims May 20, 2015

CNS Canada –– The price of diesel has fallen to the same level as gasoline across Western Canada, but a Chicago-based analyst doesn’t expect it to stay that way for too long. “Probably after the Fourth of July, late July and August the prices may start to edge up,” said Phil Flynn, energy market analyst […] Read more

Crops, Machinery

Cost index trimmed for railways’ grain revenue cap

By Farmtario Staff April 30, 2015

A sharper-than-expected drop in fuel costs has led federal regulators to dial back the index that decides how much money railways get to keep from hauling Prairie grain. The Canadian Transportation Agency on announced Thursday it will cut its volume-related composite price index (VRCPI) by 5.6 per cent, to 1.2517, for the 2015-16 crop year. […] Read more

The gap between gasoline and diesel prices at retail has recently narrowed, as shown at this Winnipeg truck stop on April 1. (Dave Bedard photo)

Crops, Machinery, Markets

Diesel prices expected to see pressure in second quarter

By Dave Sims April 1, 2015

CNS Canada — The spring thaw may bring lower diesel prices to farmers in North America, according to a New Jersey-based oil expert. “A lot of new refining, worldwide, is coming on for diesel,” said Tom Kloza, chief oil analyst at the Oil Price Information Service. Compared to other fuels such as gasoline or jet […] Read more

Crude oil monthly nearby, Nov. 27, 2014. (Barchart.com)

Crops, Markets

Drozd: Crude falls to four-year low, casts shadow across commodities

By David Drozd December 13, 2014

At the time of this writing, crude oil has plunged $40 per barrel, losing 37 per cent of its value, since prices turned down from $107.73 in June 2014. This market’s steady decline may have come as a surprise to some followers of oil, but for those who study charting and technical analysis, they were […] Read more

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