Petroleum Daily Report 1-26-2026

Oil prices edged lower on Monday after rallying more than 2% in the prior session, as traders weighed temporary U.S. production losses from winter storms against easing supply risks elsewhere and persistent geopolitical uncertainty. Brent crude slipped 29 cents, or 0.4%, to settle at $65.59 a barrel, while U.S. West Texas Intermediate fell 44 cents, […]

PFL Railcar Report 1-26-2026

“Defeat may serve as well as victory to shake the soul and let the glory out.” –Edwin Markham Jobs Update Stocks closed mixed on Friday of last week and lower week-over-week The DOW closed lower on Friday of last week, down -285.30 points (-0.58%), closing out the week at 49,098.71, down -260.62 points week-over-week. The […]

Petroleum Daily Report 1-23-2026

Oil prices finished Friday at their highest levels in more than a week as Washington escalated pressure on Iran with new sanctions and stepped-up military signaling, renewing concerns over potential supply disruptions. Brent crude climbed $1.82, or 2.8%, to settle at $65.88 a barrel, while U.S. West Texas Intermediate rose $1.71, or 2.9%, to $61.07. […]

Petroleum Daily Report 1-22-2026

Oil prices fell about 2% on Thursday to a one-week low as geopolitical risk premiums eased following softer rhetoric from U.S. President Donald Trump on Greenland and Iran, alongside tentative progress toward ending Russia’s war in Ukraine. Brent futures settled down $1.18, or 1.8%, at $64.06 a barrel, while U.S. West Texas Intermediate crude fell […]

Petroleum Daily Report 1-21-2026

Oil prices closed modestly higher on Wednesday as optimism around tighter near-term supply offset broader macro and geopolitical concerns. Brent futures settled up 32 cents, or 0.5%, at $65.24 a barrel, while U.S. West Texas Intermediate crude rose 26 cents, or 0.4%, to $60.62. Support continued from Kazakhstan after output was halted at the Tengiz […]

Petroleum Daily Report 1-20-2026

Oil prices rose on Tuesday, supported by a temporary halt in output at Kazakhstan’s major oil fields and expectations of stronger global economic growth that could lift fuel demand. Gains came as traders also monitored escalating tariff threats from U.S. President Donald Trump toward several European countries. Brent crude futures settled 98 cents, or 1.5%, […]

PFL Railcar Report 1-20-2026

“Iron rusts from disuse; water loses its purity from stagnation… even so does inaction sap the vigor of the mind.” -Leonardo da Vinci Jobs Update Stocks closed lower on Friday of last week and lower week-over-week The DOW closed lower on Friday of last week, down -83.11 points (-0.17%), closing out the week at 49,359.33, […]

Petroleum Daily Report 1-16-2026

Oil prices settled modestly higher on Friday as traders covered short positions ahead of the three-day Martin Luther King Jr. holiday weekend in the U.S., while lingering concerns over a possible U.S. military strike against Iran continued to support prices. Brent crude rose 37 cents, or 0.6%, to settle at $64.13 a barrel, while U.S. […]