Fuel
The price surge comes as Europe announced a ban on Russian diesel fuel and G7 countries vowed to price-cap Russian oil products.
Natural gas prices rebound Monday after hitting lows not seen in a year. Is the bottom in? John Wenzel, Senior Risk Management Consultant with StoneX has details.
“A lot of people looked at the smaller landlocked crush facilities and said, ‘Does that make sense?” I think those locations will go away, and I’m not sure they should have been there to begin with,” Fife says.
West Texas intermediate crude oil prices hit an 11-month low of $73.60 per barrel Monday before rebounding to close higher. So, what is driving the market and how long will these lower price levels last?
Supplies of diesel in the United States are some of the tightest in history, down to a 25-day supply. So, is there a chance of running out?
As consumers plan to refrain from buying fuel over the Independence Day weekend, what is the likelihood of seeing an impact on prices?
A team of researchers is working to introduce genes that increase the genetic diversity of the plant and allow it to produce higher levels of oil, which could then be introduced in crops that don’t produce oil today.
AgriTalk Host Chip Flory says some people would argue E25 or E30 is the proper blending target.
Venture Global penned an agreement to supply a German company, EnBW, with natural gas. Policy analysts say the deal will put pressure on the U.S. government to establish export restrictions amid rising gas costs.
Ethanol plants throughout the country are shutting its doors or limiting hours. It’s partly due to the coronavirus (COVID-19). Yet, there are other factors at play which include less demand for ethanol and gasoline.