Diesel
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How the war in Iran could impact your home heating oil bill this winterSince the start of the war in Iran, the average retail home heating oil prices have jumped 42 per cent in most of Canada, sitting at $2.50 per litre this week.ConsumerOct 26
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IEA says it will release 20 million barrels of diesel ‘as soon as possible’In March, members of the International Energy Agency agreed to release more than 400 million barrels of oil from their emergency reserves to calm oil markets.EconomyOct 16
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Oil markets ‘far’ from normal even as some Strait of Hormuz issues ease: TDThe TD Bank report warns of the risk of further disruptions in the oil market supply chain 'remains materially higher than before the war.'EconomyOct 14
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Trump says Russia will supply 300K tons of diesel despite global sanctionsU.S. President Donald Trump added that Russia would then deliver 3 million tons of diesel fuel within a short period of time, based on the condition of its diesel refineriesEconomyOct 9
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Dyed diesel is now legal on U.S. roads. What are the rules in Canada?Dyed diesel has now been cleared for general use in the U.S. as gas prices soar, but Canadians could face fines if caught using it on roads and highways.ConsumerOct 7
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Trump signs order allowing for wider use of dyed diesel amid soaring pricesU.S. President Donald Trump signed an executive order late Monday, which allows for a wider use of dyed diesel on regular roads and highways across America.ConsumerOct 6
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Food prices may rise soon as diesel ‘shock’ bleeds through economy: reportCanadians could wind up with a bigger grocery bill in the coming months as a major price "shock" for diesel and crude oil works its way through supply chains, Scotiabank says.ConsumerOct 5
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Will gas prices drop ahead of the Thanksgiving long weekend?Gas price experts say it's becoming harder to predict where prices are heading, even after some European countries released strategic oil reserves.CanadaOct 5
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Europe to release reserve oil and diesel after threats from TrumpThe Group of Seven industrial nations said Friday that they plan to release 100 million barrels of oil and fuel products in the coming weeks.WorldOct 2
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As Texas declares state of emergency over fuel shortage, what’s dyed dieselAs global oil supplies continue to tighten up amid ongoing geopolitical conflicts that have pushed up fuel prices, the governor of Texas has declared a state of emergency.U.S. NewsOct 1
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