The fuel industry is in constant flux, and we always keep an eye on any developments that can benefit our clients. Here, we’ll share findings, some research, and our opinions on a wide range of topics related to our industry.

The Core Fuels Market Outlook For October, 2022

Distillate pricing has soared throughout the month on the back of a weak Canadian dollar. Refinery and terminal maintenance have contributed to major drawdowns in supply earlier in the month. Whether this impact is further realized is yet to be determined. Demand remains strong as we enter furnace oil season.

Gasoline prices have reflected the price of Crude Oil, which has increased throughout the month amidst continuing developments in Eastern Europe. Inventories are receding consistent with demand.

There’s nothing impactful to report on propane. Prices and supply are stable for now.

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