Fuel
As brent crude futures soar toward $100, it’s creating a new battle in the Federal Reserve’s effort to fight inflation. One money manager warns another rate hike is likely.
Crude oil moves back above $80, what does that mean for interest rates and diesel fuel prices for farmers this growing season?
Oil prices are also off their highs of last year and gas and diesel prices are also sliding at the pump, but will that trend continue ahead of planting? Energy experts are hoping the answer is yes.
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.