Orion Farming Group Fuel Update: 26/03/25

Suppliers continue to be busy with lead times between 3 & 10 working days, please bear in mind when placing orders. Average prices remain steady this week.

Fuel price outlook

Brent Crude Oil Futures (May) prices have risen 5% since 10th March although in the context of still being at late 2020 levels. The latest energy market report from Investing.com (see HERE) highlights several reason for the slight upward trend in Brent Futures:

• Optimism over the potential peace deal between Ukraine & Russia

• Supply impacts of strict tariffs on Venezuela and Iran

• Tightening of US supply together with a higher than expected level of inventory drawdown

Currently there is no market expectation of seismic price shifts over the next month or two.

Please note that any opinions expressed in this update are sources from market information / analysis and do not represent views of Orion Farming Group. Orion Farming Group accepts no responsibility for any Member decisions made on the basis of information provided in the weekly fuel update.

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