Insights and Stories on OPEC

May. 7, 2018 at 8:03 pm CDT

Algiers | Reuters — Algeria plans to offer foreign investors concessions for farm land for the first time, according to an official document, as the oil producer seeks to boost food output and reduce reliance on imports. Under the plan, which is expected to be discussed by the cabinet this […]

By Hamid Ould Ahmed

Nov. 28, 2017 at 3:00 pm CST

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 […]

By Dave Sims

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

Dec. 28, 2016 at 1:02 pm CST

Commodity News Service Canada – An improving U.S. economy and a global deal to limit oil production should give diesel prices a boost in the coming year. “We’ve been blessed with low diesel prices the past few years but we’re probably looking at higher prices in the New Year,” said […]

By Dave Sims

Nov. 30, 2016 at 6:29 pm CST

Chicago | Reuters — U.S. soybean futures fell on Wednesday in the second straight day of declines as investors evened out positions and locked in profits from monthly gains, traders said. Wheat futures also fell, pressured by a firm dollar that further dimmed prospects for U.S. supplies on the export […]

By Mark Weinraub