Orion Farming Group Fuel Update 09/04/25 - Farm prices down 4% and Brent futures down 15% week on week

Suppliers continue to be busy with lead times between 3 to 7 working days -Average prices have dropped 4% this week.

A new supplier, FastExocet, has joined the Group. FastExocet are suppliers of fuel additives, and you can find out more HERE; orders can be placed directly with FastExocet.

Easter Holidays - 18th to 21st April inclusive. Suppliers are likely to be closed for the four days so please be conscious of placing any orders in good time.

Fuel price outlook

Brent crude futures face a bearish outlook for mid-April to mid-May 2025, expected to consolidate mainly between $58-$65 per barrel. The sharp recent decline reflects deep pessimism, driven primarily by escalating US-led trade tensions and associated global recession fears, which threaten oil demand. Compounding this, OPEC+ confirmed accelerated supply increases of 411,000 bpd starting in May. Market sentiment is extremely negative. While potential technical support near $60 and supply risks from sanctions  offer minor counterweights, they appear insufficient. Risks remain skewed downwards; a break below $58 seems more likely than a sustained recovery above $65 without significant positive news on trade or the economy.  To understand in more detail, click on the audio link below to listen to a 6 minute overview (Source: Google Gemini Deep from 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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