crude oil | Red River Farm Network

Trump Administration Pushes for Biofuels Policy Consensus

Published March 29, 2025

The Trump administration is urging oil and biofuel producers to collaborate on future U.S. biofuels policy to avoid past political conflicts over the Renewable Fuel Standard. Disputes over blending volumes and small refinery exemptions have long divided the industries. Recent…

Trading in Turbulent Times

Published October 9, 2023

The Hamas surprise weekend attack on Israel has given oil prices a boost. The war does not have a direct impact on grain markets, but any escalation of war would have a significant effect on crude oil prices. With corn…

Crude Prices Reach Ten-Month High

Published September 15, 2023

Crude oil prices have topped $90 per barrel, which is a ten-month high. Advance Trading Risk Management Advisor Tommy Grisafi said there is some positive news for the farmer with the high energy prices. "For the average consumer, it stinks,"…

Surging Oil Demand

Published January 18, 2023

The International Energy Agency is forecasting record oil demand this year. This demand is linked to China reopening its economy following COVID-related shutdowns. The IEA expects oil demand to total 1.9 million barrels per day. That’s up nearly 200,000 barrels…

$100 Crude Likely

Published December 21, 2022

A Brazilian investment bank, BTG, is forecasting crude oil prices to push back over $100 per barrel. Demand will increase with China easing its COVID-related lockdowns and strong U.S. activity. BTG says it won’t be easy to increase oil supplies…

Crude Market

Published December 6, 2022

Crude oil prices have been active. With the United States likely transitioning into a recession, global oil demand is expected to remain cautious. China is also easing its stringent COVID-19 policies, which should increase demand. The OPEC nations kept their…

Agriculture Squeezed by Fuel Costs

Published July 9, 2022

Diesel prices are more than twice the level paid before 2020. American Farm Bureau Federation Economist Shelby Myers says supply and demand are playing catch-up after world disruptions. "What makes this situation more difficult this year is that the U.S.…

Consider Locking In Fuel Needs

Published November 29, 2021

The U.S. Department of Energy released 50 million barrels of oil from the nation’s strategic petroleum reserve to address high gas prices and supply and demand challenges. Total Farm Marketing Senior Market Advisor Naomi Blohm says the crude oil market…

What’s Hot, What’s Not in the Markets

Published October 11, 2021

Crude oil has hit $82 per barrel. Cash grain markets remain strong. In this week's edition of What's Hot, What's Not in the Markets, Advance Trading RIsk Management Advisor Tommy Grisafi also outlines the latest news regarding supply chain disruptions.

Crude Oil Prices Push Higher

Published October 6, 2021

Crude oil prices continue to increase. Total Farm Marketing Senior Market Advisor Naomi Blohm says that’s just another part of the increase in input costs for farmers right now. "It doesn't look like we'll see relief from that soon." Spot…

Articles tagged under: crude oil

Trump Administration Pushes for Biofuels Policy Consensus

Trading in Turbulent Times

Crude Prices Reach Ten-Month High

Surging Oil Demand

$100 Crude Likely

Crude Market

Agriculture Squeezed by Fuel Costs

Consider Locking In Fuel Needs

What’s Hot, What’s Not in the Markets

Crude Oil Prices Push Higher

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