Fuel

Farm diesel is unchanged as heating oil and WTI crude oil firm, presenting an opportunity to cover some spring needs.

As crude and heating oil sutures firm, farm diesel is unchanged on the week, prompting us to update our fuels advice for spring purchases.

Crude oil and heating oil posted a short-term downtrend which may be coming to an end. But robust distillate production will point farm diesel lower for a short time.

This week propane fell sharply as diesel held steady with week-ago.

Pro Farmer's Dan Vaught believes the current technical posture in March heating oil futures may favor the downside, which would put some welcome pressure on farm diesel prices.

As WTI and heating oil futures soften, farm diesel was steady on the week.

A quick look at WTI crude oil and heating oil price action and what the charts are telling us.

The comeback story on oil stalled as the market worried about a plunging stock market and the reality that as you get into refinery maintenance season you may see crude supply start to rise.

Commodity prices were on fire on Thursday morning still soaring after comments by Treasury Secretary Steve Mnuchin that the weak dollar was good for the U.S. economy.

As propane and farm diesel move in opposite directions, the fundamentals in the market suggest diesel is set to soften.