Gasoline prices are set to follow sliding crude oil values down over the next year, but diesel prices may actually increase over the next few months. | File photo

Diesel prices stay high for summer: analysts

The fuel usually costs less than gasoline in the summer, but supply is down this year as refiners reduce production

Gasoline prices are set to follow sliding crude oil values down over the next year, but diesel prices may actually increase over the next few months. Susan Bell of IHS Markit said diesel supplies generally increase in summer because it’s easier for oil refiners to produce summer fuel compared to low-flow winter diesel, which has […] Read more

Higher diesel prices are on the horizon for Canada and the United States in 2019. | File photo

Rising diesel prices are coming

WINNIPEG, April 2 (MarketsFarm) – Higher diesel prices are on the horizon for Canada and the United States in 2019. GasBuddy.com Senior Petroleum Analyst Dan McTeague pointed to an increase in overall demand, combined with a slowdown in heavy oil production, the federal carbon tax, and the coming IMO 2020 regulations. The latter being the […] Read more

Analysts see no end in sight for high diesel prices.  | File photo

Diesel prices expected to stay high

As supply tightens, farmers should consider stocking up on diesel before it’s too late, according to an analyst. “We think the market’s getting kind of overdone down here and this might be your best chance,” said Phil Flynn of the Price Futures Group in Chicago. “If we do get a cold winter, I think we’ll […] Read more


An increase in economic activity in North America is also boosting diesel demand and prices, as is the usual spring and summer increase in truck traffic and farm activity.  |  File photo

Higher diesel prices come just in time for seeding

Farmers are paying a lot more for their diesel this spring than they have the past couple years. Prices averaged 99 cents per litre in March, according to Alberta Agriculture’s farm input survey. That is up 11 percent from last year and 39 percent from the same month two years ago. “This will probably be […] Read more

The retail price for farm diesel has risen 11 to 14 percent in the three prairie provinces this spring.  |  File photo

Fuel in good supply despite explosion: FCL

Production back to normal | Although supply is on track, the rising price is blamed on the refinery’s temporary shutdown

A Christmas Eve explosion at a major western Canadian refinery won’t curtail the supply of diesel fuel this spring. “We believe that we’re in as good or better shape than we ever have been going into the spring seeding period,” said Cal Fichter, vice-president of energy with Federated Co-operatives Ltd. “We don’t see any issues […] Read more