Insights and Stories on Crude Oil

U.S. grains: Corn, wheat follow broad commodities weakness

Nov. 13, 2018 at 7:34 pm CST

Chicago | Reuters — U.S. corn futures fell more than one per cent on Tuesday, following broad declines in commodities led by sagging crude oil futures, analysts said. Wheat futures fell about two per cent, retreating after Monday’s short-covering rally, and soybeans were also lower. Chicago Board of Trade December […]

U.S. grains: Wheat, soy fall on firmer dollar, rains

Aug. 15, 2018 at 6:15 pm CDT

By Ayenat Mersie Michael Hirtzer

Dwindling diesel supplies could boost price

Jul. 26, 2018 at 4:46 pm CDT

By Dave Sims

Crude oil and canola part company, for now

Jul. 13, 2018 at 4:14 pm CDT

By Dave Sims

CP talks said stagnating as strike deadline looms

Apr. 20, 2018 at 2:08 pm CDT

By Allison Lampert Julie Gordon

Enjoy stable diesel market while you can, analyst says

Mar. 14, 2018 at 12:53 am CDT

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 […]

By Dave Sims

Crude oil bearishness seeps into canola market

Jun. 23, 2017 at 8:09 pm CDT

CNS Canada — The falling price of crude oil is a bearish force weighing on many agricultural commodities, including canola, according to a Prairie market analyst. “Crude oil has been a driver of this weakness,” said Errol Anderson, president of ProMarket Communications in Calgary. In the past month, crude oil […]

By Dave Sims

Prairie grain freight cost index to rise with fuel prices

Apr. 28, 2017 at 6:56 pm CDT

An “expected sharp rise” in fuel costs in 2017 compared to 2016 may help raise the cap on how much money Canada’s big two railways can charge to move Prairie grain in 2017-18. The Canadian Transportation Agency — the tribunal which, among its other duties, sets the annual maximum revenue […]

By Staff

Diesel prices soften, but watching U.S. infrastructure plan

Mar. 21, 2017 at 6:47 pm CDT

CNS Canada — Sinking prices for crude oil and a softer Canadian dollar have kept diesel prices relatively low for Canadian farmers in 2017, and they could be heading lower, as long as U.S. President Donald Trump’s infrastructure plan doesn’t get in the way. “I would probably say in Canada […]

By Dave Sims

Corn/soy price ratio favours soybean acres, analyst says

Feb. 1, 2017 at 4:59 pm CST

Chatham, Ont. — Most underpinnings for higher corn, soybean and wheat prices appear to have fallen away — leaving biodiesel the only area that could drive higher prices. A growth mandate for U.S. ethanol production ends in 2017, and oil prices continue to stagnate well below the highs of a […]

By John Greig