Insights and Stories on Diesel

May. 20, 2015 at 12:30 pm CDT

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 […]

By Dave Sims

Apr. 1, 2015 at 4:40 pm CDT

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 […]

By Dave Sims

Jan. 26, 2015 at 6:50 pm CST

CNS Canada — Diesel prices in North America aren’t likely to come down to the levels of gasoline anytime soon, according to an analyst. “It’s probably going to trade at a premium to gasoline for some time,” said Phil Flynn, energy market analyst for Price Futures Group in Chicago. One […]

By Dave Sims

Dec. 15, 2014 at 7:34 pm CST

CNS Canada — Prices for diesel are expected to come down to between $1 to $1.10 per litre across Canada by early to mid-January, according to an oil analyst. Prices for regular gasoline sank weeks ago, shortly after crude oil plunged on the world market. Diesel, however, remained staggeringly high […]

By Dave Sims

Nov. 29, 2014 at 2:18 pm CST

CNS Canada — As oil prices plunge across North America, the impact on Canadian farmers is starting to be felt in several conflicting, but noticeable ways, according to Prairie farm leaders and market-watchers. As of Friday afternoon the price of oil had fallen to just above C$66 a barrel, with […]

By Dave Sims