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