Diesel Price

[helmsdale]

What are guys seeing around right now? Haven't phoned for a quote as of late as I stocked up earlier.

If today's numbers are any guide as to where prices go from here, it should be down...

Current month prices (nearing expiry):
WTI: 19.48 (-.63 today)
WCS differential: -19.25 (current spot price = $0.23/bbl. Spot may looking like it could go negative soon).

June:
WTI: 25.98 (-1.42 today)
WCS differential: -19.25 (currently means $US6.73/bbl)

EIA crude report out this morning:
-Crude Inventories this last week increased 19.248Mbbl, on top of 15.177Mbbl the week prior, and 13.834Mbbl 2 weeks prior.
-Distillate Stocks rose by 6.28Mbbl over last week. The most significant build since Jan 15 2020.

[AlbertaFarmer5]

That explains why the local price of diesel went up. Distributor had no explanation either. Haven't filled up yet, there should be better opportunities unless the supply chain gets shut down due to sickness or mandates.

[blackpowder]

Filled at $.59 I believe. Marked diesel.

[sk_wheatking]

Big fines for price gouging in sask for everyone, but gas stations.

[dave4441]

Rack price regina lowest in this last few month run. We are getting a load today of course but it is at the several year low today.

[jamesb]

farm diesel .5644 plus gst

[Horse]

Can anyone make a resonable argument for negative pricing,shut er in or at least slowdown??

[jimmy]

Big fines for price gouging in sask for everyone, but gas stations.

Price gouging?? I should report my combine salesman.

[Sheepwheat]

68.9.

[the big wheel]

68.9.

another .1 and your arguably in a good position for spring. lol

[Rareearth]

Are there any multi year (20 yr) charts for the rack price Regina?

[GDR]

Filled last week when OPEC was talking at 65.5 plus gst. May go lower but was told if I waited any longer the next loads would be blended with biodiesel and I would be better off before that. Dont know if it's a problem but that was the spiel.

[ry0972]

Filled on Friday.
Target was 55+gst for gas and diesel.
Got spooked with the talk of Saudi/Russia deal and pulled trigger at 57+gst for reg gas and diesel.
Load info #'s the trucker got when he loaded the diesel says it is about as close to summer blend as you will get unless you fill in july.
It did drop to 53+gst late monday/early tuesday but back up to 56 now.
Will fill all equipment over next couple weeks and if it gets to 50 or possibly less I will top bulk tanks up again.
When calling the 5 suppliers for prices last week they all said most guys have filled everything that will hold fuel and the delivery trucks wont be to busy this spring.
A lot of extra tanks (new and used) got setup and filled this past month!!!

[farmaholic]

In late March and early April I "think" some companies can deliver fuel out of the tank farms that was put in in late summer early fall. Fresh rack might be better.

Any fuel haulers on here?

[jamesb]

Diesel .5364 this am