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Tag Archives diesel prices — page 2

(Dave Bedard photo)
Machinery, Markets

Enjoy stable diesel market while you can, analyst says

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CNS Canada — The short-term outlook for the diesel market in North America calls for current prices to remain largely untouched through spring planting — but it could change drastically after that. According to Tom Kloza of the Oil Price Information Service in New Jersey, prices for diesel could even get higher than crude oil. […] Read more
(Dave Bedard photo)
Machinery, Markets

Rising diesel could surge with U.S. infrastructure plan

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CNS Canada — Diesel costs in Western Canada are roughly eight to 10 cents higher on average than anytime in 2017, and an industry expert warns that gap could grow even more with a potential surge of U.S. construction. “I think we’re already seeing more evidence of a robust, consumption-driven U.S. as more disposable income […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets

Diesel prices poised to rise in new year

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CNS Canada — The lingering effects of two large hurricanes in the U.S. continue to be felt in the diesel market as harvest winds down throughout North America. In particular, Hurricane Harvey was a disruptive force on the U.S. energy market as it temporarily halted production at refineries. Both gas and diesel prices rose in […] Read more
(Dave Bedard photo)
Crops, Machinery

Storms worsen summer slump in U.S. diesel supply

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New York | Reuters — U.S. diesel stockpiles did something this year that has never happened in the summer before: They shrank. And that was even before Hurricane Harvey landed, knocking out a quarter of U.S. refining capacity, crippling production of fuel products. Thanks to surprising summer demand, particularly from exports, inventories of diesel, jet […] Read more
Motiva Enterprises’ facility at Port Arthur, Tex. is the largest fuel refinery in North America. (Motiva.com)
Crops, Machinery

Diesel prices could rise further in Harvey’s wake

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CNS Canada — Diesel prices in Western Canada have risen by about six to seven cents a litre since Hurricane Harvey ravaged the petroleum-rich Texas coast. An expert with the fuel industry says harvest pressure will likely keep the diesel market from correcting downward, and push prices up a bit more. “So (the market) appears […] Read more
(Dave Bedard photo)
Crops, Machinery

Diesel prices look to settle in for fall, early winter

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CNS Canada — Canadian diesel prices appear to be settling in for a relatively uneventful autumn, according to an industry watcher. “Unless we get a vortex kind of winter, when a lot of diesel is used for heating purposes, I think it’s another cheap autumn-winter scenario shaping up,” said Tom Kloza of the Oil Price […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets

Diesel prices hang steady in West, for now

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CNS Canada –– It doesn’t appear the gasoline shortage that has left many pumps across Western Canada dry will be spreading to the diesel sector, at least for now. Fires in northern Alberta and problems at a refinery in Edmonton crimped available supplies of gas for many Prairie retailers this week. While some Petro-Canada and […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets

Diesel prices seen staying lower

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CNS Canada –– Diesel prices in Canada are expected to stay relatively cheap this spring despite some recent strength in the crude oil market. In a normal cycle, diesel prices would usually be on the move right now, but they have been mired at their current level for the last few months, according to Tom […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets

Diesel prices remain high across Prairies

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CNS Canada — While the price of crude oil continues to decline across North American markets, diesel remains stubbornly high in Western Canada. Prices are equal to gasoline, or in some cases, exceeding them by as much as 10 cents in some Saskatchewan and Manitoba locations. “Diesel production in the West has been crimped by […] Read more

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