Orion Farming Group Fuel Update 04/06/25
- Orion Farming Group
- Jun 4
- 1 min read
Prices overall for the week have remained fairly static. Deliveries between 2 – 7 working days, dependant on the Supplier & area they cover.
Fuel price outlook
Brent Crude futures rose this week, driven by a perceived modest OPEC+ supply unwind, persistent Middle East geopolitical risks (e.g., Iran concerns, Ukraine drone attacks on Russia), and notable drawdowns in US crude and gasoline inventories suggesting robust demand. A weaker US dollar also provided support.
The outlook for the next couple of weeks points to continued volatility within a tight range, possibly with a slight upward bias. Key drivers remain geopolitical stability (the paramount factor), OPEC+ adherence to their planned gradual output increases, and the actual strength of global demand, particularly from the US summer driving season. Speculative positioning and economic data will also influence movements.
Fuel price outlook section provided by Investing.com and Demand Economics.
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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