Insights and Stories on Oil Prices

Volatile oil market most likely to improve says analyst

Jan. 9, 2024 at 3:12 pm CST

As the global oil market continued to ready itself for 2024, one analyst stated it’s more likely prices will increase than to drop further. Phil Flynn of the Price Futures Group in Chicago said one’s outlook on crude oil is predicated on their economic view.

Surge in U.S. renewable diesel supply won’t offset loss of petroleum diesel

Jun. 21, 2022 at 4:56 am CDT

By Laura Sanicola

U.S. grains: Corn, soy, wheat slide with financial markets

Mar. 6, 2020 at 5:57 pm CST

By Tom Polansek

Oil sanctions on Venezuela could benefit Canada

Feb. 1, 2019 at 7:41 pm CST

By Glen Hallick - MarketsFarm

Ag seen gaining on slightly weaker loonie in 2019

Jan. 11, 2019 at 7:38 pm CST

By Ashley Robinson - MarketsFarm

Tight supplies could see diesel prices rise

Nov. 6, 2018 at 4:32 pm CST

CNS Canada – As supply tightens, farmers should consider stocking up on diesel before it’s too late, according to an analyst. “We think the market’s getting kind of overdone down here and this might be your best chance…if we do get a cold winter I think we’ll see these prices […]

By Ashley Robinson - MarketsFarm

Crude’s slide hampers demand for Canadian biofuel

Feb. 10, 2016 at 6:51 pm CST

CNS Canada — The trickle-down effect of slumping crude oil prices is being felt in the Canadian biofuel market and softening demand for corn and soybeans. Traditionally, ethanol is cheaper than gasoline, which encouraged processors to blend more than the mandated amount, according to Andrea Kent, president of the Canadian […]

By Jade Markus

Canola crush margins hit best levels in months

Dec. 3, 2015 at 4:15 pm CST

CNS Canada –– Canola crush margins have improved considerably over the past few weeks, hitting levels not seen in over six months, as vegetable oil prices rose and the Canadian dollar dropped. Crush margins provide an indication of the profitability of the product values relative to the seed cost when […]

By Phil Franz-Warkentin

Global markets: Japan, Germany cut economic forecasts

Oct. 14, 2015 at 4:34 pm CDT

CNS Canada –– The following is a glance at the news moving markets globally. JAPAN CUTS INDUSTRIAL PRODUCTION, ECONOMIC OUTLOOK – The Japanese government downgraded its assessment of industrial production and identified some areas of weakness in a monthly government report released on Wednesday. The reduced forecast for industrial production […]

By MarketsFarm Team

Cheaper crude clouds Canada’s economic fortunes

Mar. 11, 2015 at 4:33 am CDT

While dropping oil prices have boosted the U.S. economy, how the price slump will affect the outlook north of the border remains a question mark from where Canada’s largest lender sits. “In Canada, it’s a little bit less clear-cut. And the reason is our energy sector is much larger as […]

By Lisa Guenther