crude oil Archives - Page 11 of 15

Canada’s fuel prices to rise after attack in Saudi Arabia

By GFM Network News September 16, 2019

MarketsFarm — Following an attack on two major oil facilities in Saudi Arabia, consumers can expect a small rise in fuel prices in the days to come. The attacks on Saturday hindered the production of about 5.7 million barrels of oil per day. On Monday morning, crude oil prices were up by about 10 per […] Read more

General, Machinery, Markets

Oil sanctions on Venezuela could benefit Canada

By GFM Network News February 1, 2019

How Canada benefits from the oil sanctions the United States plans to place on Venezuela is contingent on the country’s ability to move its Western Canadian Select crude oil to U.S. refineries, said two oil industry experts. As part of an effort to effect regime change in Venezuela, U.S. President Donald Trump announced this week […] Read more

CBOT March 2019 corn with 50-day moving average. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn, soy, wheat end lower

By GFM Network News January 28, 2019

Chicago | Reuters — U.S. corn and soybean futures ticked lower on Monday, pressured by broad declines in commodity and equity markets as well as improving forecasts for South American crop weather, traders said. Wheat followed the weaker trend. Chicago Board of Trade (CBOT) March corn futures settled down 1/2 cent at $3.79-3/4 per bushel […] Read more

CBOT December 2018 corn, with Decmeber 2018 wheat in purple. (Barchart)

Crops, Markets, Reuters

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

By GFM Network News November 13, 2018

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 corn settled down 4-3/4 cents […] Read more

Crops, Markets, Reuters

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

By Michael Hirtzer, GFM Network News August 15, 2018

Chicago | Reuters — U.S. grains and oilseed futures fell on Wednesday, pressured by broad selling in commodities and equities as a firmer dollar prompted worries about export prospects for U.S. supplies, traders and analysts said. Wheat prices notched some of the biggest declines among agricultural products, dropping after rising slightly during the previous session. […] Read more

Crops, Machinery, Markets

Dwindling diesel supplies could boost price

By GFM Network News July 26, 2018

CNS Canada — Strong global demand and a looming North American harvest could send diesel prices higher in coming months. According to one energy analyst in Chicago, farmers may want to buy some fuel before prices get too high. “We’re telling our people to hedge some of your exposure, because we do think that, barring […] Read more

Canola, Crops, Machinery, Markets

Crude oil and canola part company, for now

By GFM Network News July 13, 2018

CNS Canada — The symbiotic relationship that crude oil and canola used to enjoy seems to have hit a snag. Chart structures have proven that crude prices have pushed and pulled canola up and down in recent years. However, since the start of 2018, the gains enjoyed by crude oil have failed to lift canola. […] Read more

Crops, Machinery

CP talks said stagnating as strike deadline looms

By GFM Network News April 20, 2018

Montreal/Vancouver | Reuters –– Canada’s biggest rail union said no progress had been made in negotiations on Friday with Canadian Pacific Railway to reach a deal before a Saturday deadline as worries about a potential strike weighed on the country’s crude oil prices. If the two sides fail to reach a deal, a strike is […] Read more

General, Machinery, Markets

Enjoy stable diesel market while you can, analyst says

By GFM Network News March 13, 2018

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 get higher than crude oil. […] Read more

Canola, Crops, Markets

Crude oil bearishness seeps into canola market

By GFM Network News June 23, 2017

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 dropped roughly US$9 per barrel […] Read more

Daily Network News

Proposed Sask. poultry research facility gets funding influx

Agriculture Canada makes small balance sheet adjustments

Federal government funds Quebec organic fertilizer company

Tag Archives crude oil

Canada’s fuel prices to rise after attack in Saudi Arabia

Oil sanctions on Venezuela could benefit Canada

U.S. grains: Corn, soy, wheat end lower

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

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

Dwindling diesel supplies could boost price

Crude oil and canola part company, for now

CP talks said stagnating as strike deadline looms

Enjoy stable diesel market while you can, analyst says

Crude oil bearishness seeps into canola market

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