MarketsFarm — The ICE Futures canola market hit its lowest levels in three months on the last trading day of September but has since uncovered some support in the first […] Read more
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Tag Archives diesel
ICE weekly outlook: Canola looking for a spark
Recent declines in crude oil, diesel seen as bearish
Extent of Saudi oil production cut unclear
Reported tensions within OPEC limit price gains
MarketsFarm — At the OPEC+ meeting Sunday in Vienna, Saudi Arabia announced it will cut its oil production by one million barrels per day (BPD) come July. And while that […] Read more
Bunge expects U.S. renewable diesel capacity of about five billion gallons by 2024
Chicago | Reuters — U.S. renewable diesel production capacity will more than double to about five billion gallons by 2024 from about two billion gallons, Bunge CEO Greg Heckman said […] Read more
Suncor to keep its Petro-Canada retail fuel business
Reuters — Suncor Energy on Tuesday said it will retain its Petro-Canada gas station retail business following a review the company initiated earlier this year under pressure from activist investor […] Read more
Surge in U.S. renewable diesel supply won’t offset loss of petroleum diesel
Reuters — A flood of U.S. renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining […] Read more
‘Petro-plectic’ anger rises toward fuel prices
Fuel refiners seen booking 'epic' revenues
MarketsFarm — Fuel prices are very likely to continue to increase with summer approaching, according to Tom Kloza, the Florida-based global head of energy analysis for Oil Price Information Services. […] Read more
N.S. farm limestone program boosted against rising diesel prices
Farmers in Nova Scotia facing rising prices for diesel fuel will see more funding via the Limestone Trucking Assistance Program (LTAP), which is expected to help offset some of those […] Read more
Fuel prices may remain high beyond Russian invasion, expert says
MarketsFarm — The decision by the U.S. to halt the import of Russian petroleum products due to the country’s invasion of Ukraine created sticker shock at the pumps in North […] Read more
Engine maker Cummins says expects ‘some impact’ in Russia
Deere says will abide by sanctions
Reuters — Diesel engine maker Cummins Inc. expects “some impact” to its business in Russia and is analyzing and preparing for current and anticipated sanctions, the U.S. truck engine maker […] Read more
Gasoline, diesel prices set to continue rising
MarketsFarm — The steady rise in crude oil prices is based on three factors, according to Tom Kloza, global head of energy analysis for Oil Price Information Service at Lakewood, […] Read more