The Weekly Fill-Up | July 7-11

July 7, 2025

The Weekly Fill Up: Market Trends and Local Energy Updates

Each week, Sioux Valley Coop keeps an eye on global markets and local conditions so you can focus on what matters most—your operation. Here’s what we’re watching this week:

1. Crude Oil Edges Higher Amid Supply Cuts and Summer Demand

Oil prices are pushing toward $81 per barrel, driven by ongoing OPEC+ production limits and strong global demand. U.S. refinery output is steady, but inventories are starting to dip.

Local Insight: With travel and ag activity in full swing, fuel supply remains tight in some regions. It’s a good time to review your tank levels and discuss delivery timing with our team.

2. Tropical Weather Activity Remains High

The Gulf is quiet for now, but the National Hurricane Center is tracking more disturbances in the Atlantic. Traders are staying alert as hurricane season ramps up.

For Our Area: No disruptions are expected locally, but energy markets often react quickly—even when storms stay offshore.

3. Propane Prices Stable—For Now

Despite strong export demand, propane prices have held steady this week. Cooler weather in Asia is easing pressure on U.S. supplies, but that may change quickly.

Looking Ahead: If you’re planning fall or winter fills, now is a good time to talk with us about timing and volume.

4. Soybean Prices Continue to Pressure Biodiesel Costs

Soybean markets are reacting to dry conditions across parts of the Midwest. As a result, renewable diesel and biodiesel blend costs are climbing.

What It Means: Farmers and fleets using higher blends may see price movement through mid-August. We’ll keep you posted.

5. Diesel Demand Holds Strong with Harvest Prep and Summer Freight

Diesel use remains solid across the country, thanks to pre-harvest fieldwork, highway travel, and shipping activity. U.S. stockpiles are staying balanced, but any supply hiccups could shift that quickly.

Our Role: Sioux Valley Coop is prioritizing efficient deliveries across our service area. Let us know early if your usage is changing.

Sources:

U.S. Energy Information Administration (EIA)
National Hurricane Center (NOAA)
OPEC+ July Update
USDA Crop Reports
Industry Fuel Market Data