Petroleum Daily Report 5-28-2025

Oil prices rose more than 1% on Wednesday as supply concerns mounted following an OPEC+ decision to maintain its current output policy and after the U.S. barred Chevron from exporting Venezuelan crude. Brent crude settled at $64.90 a barrel, up 81 cents or 1.26%, while U.S. West Texas Intermediate (WTI) climbed 95 cents, or 1.56%, […]

Petroleum Daily Report 5-27-2025

Oil prices fell by about 1% on Tuesday as traders weighed signs of progress in U.S.-Iran nuclear talks and anticipated further production increases from OPEC+, raising concerns of a potential oversupply. Brent crude settled at $64.09 a barrel, down 65 cents or 1%, while U.S. West Texas Intermediate (WTI) crude dropped 64 cents, or 1.04%, […]

PFL Railcar Report 5-27-2025

“ I have always believed, and I still believe, that whatever good or bad fortune may come our way we can always give it meaning and transform it into something of value. “ -Hermann Hesse Jobs Update Stocks closed lower on Friday of last week and lower week over week The DOW closed lower on […]

RIN Recap 5-26-2025

“I have always believed, and I still believe, that whatever good or bad fortune may come our way we can always give it meaning and transform it into something of value. “- Hermann Hesse On Mobile? Click here to download the PDF

Petroleum Daily Report 5-23-2025

Oil prices rose on Friday as U.S. traders covered short positions ahead of the Memorial Day weekend, while concerns over stalled nuclear negotiations between the U.S. and Iran added to supply uncertainty. Brent crude settled at $64.78 per barrel, up 34 cents or 0.54%, while U.S. West Texas Intermediate (WTI) gained 33 cents, also 0.54%, […]

Petroleum Daily Report 5-22-2025

Oil prices fell Thursday as market sentiment turned bearish on news that OPEC+ may raise output in July, fueling worries that supply could exceed demand. Brent crude dropped 47 cents, or 0.72%, to settle at $64.44 per barrel, while U.S. West Texas Intermediate closed 37 cents lower, down 0.6%, at $61.20. The decline followed a […]

Petroleum Daily Report 5-21-2025

Oil prices slipped on Wednesday after Oman confirmed a new round of nuclear talks between the U.S. and Iran would take place later this week, dampening earlier gains tied to rising geopolitical tensions. Brent crude fell 47 cents, or 0.7%, to close at $64.91 a barrel, while U.S. West Texas Intermediate dropped 46 cents, or […]

Petroleum Daily Report 5-20-2025

Brent crude dipped 16 cents, or 0.2%, to settle at $65.38 a barrel, while U.S. West Texas Intermediate (WTI) lost 13 cents, or 0.2%, to close at $62.56. Tehran hardened its stance, with Iran’s Supreme Leader Ayatollah Ali Khamenei rejecting U.S. demands to end uranium enrichment, casting further doubt on the likelihood of a nuclear […]

Petroleum Daily Report 5-19-2025

Brent crude settled up 13 cents at $65.54 a barrel, while U.S. West Texas Intermediate (WTI) rose 20 cents to $62.69. Both benchmarks had posted over 1% weekly gains the previous week. Iranian Deputy Foreign Minister Majid Takht-Ravanchi said nuclear talks would stall if the U.S. insists Tehran halt uranium enrichment, dampening hopes for a […]

RIN Recap 5-19-2025

“A man has to learn that he cannot command things, but that he can command himself; that he cannot coerce the wills of others, but that he can mold and master his own will: and things serve him who serves Truth; people seek guidance of him who is master of himself.” – James Allen On […]