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(Dave Bedard photo)
Crops, Markets

Diesel prices remain high across Prairies

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CNS Canada — While the price of crude oil continues to decline across North American markets, diesel remains stubbornly high in Western Canada. Prices are equal to gasoline, or in some cases, exceeding them by as much as 10 cents in some Saskatchewan and Manitoba locations. “Diesel production in the West has been crimped by
(Dave Bedard photo)
Crops, Markets

Diesel prices seen softening soon

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CNS Canada — Canadian diesel prices should go down between now and the end of the summer, according to a fuel expert. Since early May, the price of diesel across the Prairies has largely been in and around the 94-98 cents per litre range. Tom Kloza of the Oil Price Information Service reported prices on
Crops, Markets

Diesel prices seen staying low until July

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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 Phil Flynn, energy market analyst
Bill Whitelaw, CEO of JuneWarren Nickel’s Energy Group
Local news

Manitoba oil industry slows but won’t cease

Despite dwindling production in other parts of the country, Manitoba will still see 350 wells drilled in 2015

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The current oil price slump will not have a major effect on activity in Manitoba’s oil industry, and it’s good news if you’re a buyer rather than a seller, said speakers at a recent oil industry conference here. “Low oil prices do have a positive effect for other parts of the economy. A lot of
Crude oil monthly nearby: Chart as of Nov. 27, 2014.
Market news, Markets

Crude oil falls to a four-year low

Plunging prices are casting a dark shadow across the commodity sector

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At the time of this writing, crude oil has plunged $40 per barrel, losing 37 per cent of its value, since prices turned down from $107.73 in June 2014. This market’s steady decline may have come as a surprise to some followers of oil, but for those who study charting and technical analysis, they were
Cereals, Grain Markets, Oilseeds, US Markets

GRAINS-Soybeans rally 1.5 percent on export demand, firm soymeal

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* Strong exports, firmer soymeal supports soybeans * Wheat rises amid supply worries, corn flat on profit taking (Rewrites throughout, adds quotes, updates prices, changes byline, changes dateline from PARIS/SINGAPORE) By Karl Plume CHICAGO, Nov 22 (Reuters) - U.S. soybean futures rallied 1.5 percent on Friday on firm cash markets, good export demand and spillover

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