Reading Time: 3 minutes Farm Credit Canada 2026 Food and Beverage report shows predicts rising sales and declining volumes among Canadian food and beverage manufacturers
Tag Archives fuel
Food and beverage sales growth, volume decline predicted for 2026
FCC’s report suggests higher prices, not consumption, will drive growth in total sales
Feed Grain Weekly: Seasonal gains expected this spring
Reading Time: 2 minutes Feed grain prices have not yet been affected by rising fuel costs, but will continue to rise nonetheless, said a Lethbridge-based trader.
Crude price may have topped says analyst
Reading Time: 2 minutes Any chance of crude oil prices skyrocketing higher became less likely on March 9, said Phil Flynn, senior market analyst at the Price Futures Group in Chicago. Flynn based that on the assumption that Iran’s military capabilities are declining quickly.
Shares slump, bonds skid as oil surge threatens inflation shock
Reading Time: 3 minutes Wall Street opened lower Monday as the inflationary jolt from surging oil prices threatened to raise living costs and interest rates around the globe, while investors desperate for liquidity fled to the U.S. dollar.
Fuel hedging platform wins AIM innovation award
Reading Time: < 1 minute Rack Petroleum Ltd.’s HedgeHog app allows users to confirm a guaranteed price for diesel for future delivery up to two years into the future.
Will oil hit US$100? It already did in some markets
Saudi Arabia, Russia 'in solid control'
Reading Time: < 1 minute London | Reuters –– With oil investors and traders focused on an oil-price rally that has come close to US$100 a barrel, some grades of crude oil are already trading above that milestone, highlighting an expectation of tight supply. The outright price of Nigerian crude Qua Iboe surpassed $100 a barrel on Monday, according to […] Read more
U.S. EPA denies nearly all biofuel blending exemption petitions
Refineries didn't prove hardship, agency said
Reading Time: 2 minutes New York | Reuters — U.S. President Joe Biden’s administration on Friday denied almost all outstanding petitions from oil refiners asking to be exempted from mandates that require them to mix biofuels into their fuel. The Environmental Protection Agency (EPA), which has the authority to issue the exemptions, denied 26 petitions from 15 small refineries […] Read more
Bunge expects U.S. renewable diesel capacity of about five billion gallons by 2024
Reading Time: 2 minutes Chicago | Reuters — U.S. renewable diesel production capacity will more than double to about five billion gallons by 2024 from about two billion gallons, Bunge CEO Greg Heckman said on Tuesday. The agricultural commodities trader has not altered its own capacity plans due to a U.S. government proposal on biofuels announced last week, Heckman […] Read more
Suncor to keep its Petro-Canada retail fuel business
Reading Time: 2 minutes Reuters — Suncor Energy on Tuesday said it will retain its Petro-Canada gas station retail business following a review the company initiated earlier this year under pressure from activist investor Elliott Investment Management. Suncor replaced its CEO in July and agreed to review its retail fuel unit by the end of this year after Elliott […] Read more
Haiti gang blockade causing catastrophic hunger, U.N. says
Situation "close to breaking point," WFP rep says
Reading Time: 2 minutes Miami | Reuters — Haitians are experiencing catastrophic hunger because of gangsters blockading a major fuel terminal, U.N. officials said on Friday, with more than four million facing acute food insecurity. A coalition of gangs has prevented the distribution of diesel and gasoline for over a month to protest a plan to cut fuel subsidies. […] Read more