Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
Oil prices rose on Friday and posted substantial weekly gains as renewed military exchanges between the United States and Iran heightened concerns over prolonged disruptions to Middle Eastern energy supplies. Brent crude gained 76 cents, or 0.8%, to settle at $92.68 per barrel, while WTI rose 18 cents, or 0.2%, to $91.48. For the week, […]
Oil prices were mixed on Thursday as escalating tensions between the United States and Iran continued to support concerns over Middle East supply disruptions, while signs of potential peace negotiations between Russia and Ukraine limited further gains. Brent crude slipped 11 cents, or 0.12%, to settle at $95.52 per barrel, while WTI gained 29 cents, […]
Oil prices settled higher on Wednesday in a volatile session as renewed military exchanges between the United States and Iran heightened concerns over further disruptions to global energy supplies. Brent crude rose 98 cents, or 1.0%, to settle at $95.63 per barrel, while WTI gained 79 cents, or 0.9%, to $91.01. Both benchmarks experienced significant […]
Oil prices surged more than 4% on Tuesday, settling at five-week highs as renewed U.S.-Iran military action intensified concerns over prolonged disruptions to Middle Eastern energy supplies. Brent crude rose $4.16, or 4.6%, to settle at $94.65 per barrel, while WTI gained $4.46, or 5.2%, to $90.22. Brent recorded its highest close since July 24, […]
Oil prices settled more than 2.5% higher on Monday as renewed military action between the United States and Iran revived concerns over global supply disruptions and stalled progress toward reopening the Strait of Hormuz. Brent crude gained $2.39, or 2.71%, to settle at $90.49 per barrel, while WTI rose $2.36, or 2.83%, to $85.76. Brent […]
“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.” – Thomas Edison Open PDF Download PDF Your browser cannot display this PDF. Open the report
“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.” – Thomas Edison Jobs Update Initial jobless claims seasonally adjusted for the week ending August 22, 2026 came in at 203,000, versus the adjusted number of 207,000 people from the week prior, down 4,000 […]
Oil prices settled lower on Friday, with Brent crude falling 0.4% to $89.31 per barrel and WTI declining 0.2% to $83.40, as traders weighed potential Federal Reserve policy changes and growing expectations that an agreement could restore shipping through the Strait of Hormuz. Both benchmarks posted weekly losses, with Brent falling more than 5% and […]
Crude oil prices moved sharply higher on Thursday, snapping a three-session losing streak as fading expectations for a diplomatic breakthrough between the United States and Iran renewed concerns that Middle Eastern oil flows could remain constrained. Brent crude settled up $1.86, or 2.1%, at $89.70 per barrel, while WTI gained $1.30, or 1.6%, to settle […]
Crude oil prices settled lower on Wednesday following a choppy trading session as markets monitored progress in talks between Iran and Oman over the Strait of Hormuz. Brent crude settled down $0.74, or 0.84%, at $87.84 per barrel, while WTI declined $0.13, or 0.16%, to settle at $82.23 per barrel. Both benchmarks fell to their […]