Insights and Stories on Diesel

Jun. 6, 2022 at 9:16 pm CDT

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. “I wish I could say there’s a light at the end of the tunnel, but I would say right now, […]

By Glen Hallick - MarketsFarm

Jun. 6, 2022 at 5:05 am CDT

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 increased costs. “After touring multiple farms around the province to hear from farmers and meeting this morning with farmer Tim […]

By Liam O’Connor

Mar. 22, 2022 at 4:52 pm CDT

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 America — but an end to that invasion would not necessarily mean an end to high fuel prices. On March […]

By Adam Peleshaty

Feb. 28, 2022 at 5:26 pm CST

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 said in an e-mailed statement on Monday. Many firms have idled operations in Russia after it invaded Ukraine last week, […]

By Bianca Flowers

Feb. 16, 2022 at 8:18 pm CST

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, N.J. One of those factors is the amount of crude oil produced by members of the Organization of Petroleum Exporting […]

By Glen Hallick - MarketsFarm