Petroleum Daily Report 3-26-2026

Crude futures closed higher on Thursday, rebounding from the previous session’s losses, as hopes for a swift end to the war in the Middle East faded. Brent futures rose $5.79, or 5.7%, to settle at $108.01 per barrel on Thursday, while U.S. West Texas Intermediate crude futures gained $4.16, or 4.6%, to close at $94.48 […]

Petroleum Daily Report 3-25-2026

Oil prices declined on Wednesday, settling lower after paring steeper intraday losses, as markets reacted to ongoing diplomatic developments surrounding the conflict in the Persian Gulf. Brent crude settled at $102.22 per barrel, down $2.27 or 2.2%, while U.S. West Texas Intermediate (WTI) crude settled at $90.32 per barrel, down $2.03 or 2.2%. Earlier in the […]

Petroleum Daily Report 3-24-2026

Oil prices rebounded on Tuesday as the largest global crude supply disruption remained in place and Iran denied engaging in negotiations with the United States, contradicting statements suggesting a potential near-term resolution to the conflict. Brent crude settled at $104.49 per barrel, up $4.55 or 4.55%, while U.S. West Texas Intermediate (WTI) crude settled at […]

Petroleum Daily Report 3-23-2026

Oil prices declined sharply on Monday, with both benchmarks falling by roughly 11%, after the U.S. announced a five-day delay in potential military strikes on Iranian power infrastructure and pointed to constructive diplomatic discussions aimed at de-escalating the conflict. Brent crude settled at $99.94 per barrel, down $12.25 or 10.9%, while U.S. West Texas Intermediate […]

PFL Railcar Report 3-23-2026

“Ability is what you’re capable of doing. Motivation determines what you do. Attitude determines how well you do it.” – Lou Holtz 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 -443.96 points (-0.96%), closing out the week at 45,577.47, down […]

Petroleum Daily Report 3-20-2026

Oil prices surged on Friday, settling at their highest levels in nearly four years, as Iraq declared force majeure on all oilfields operated by foreign companies and geopolitical tensions escalated, with the U.S. preparing to deploy additional Marines and naval forces to the Middle East. Brent crude for May delivery settled at $112.19 per barrel, […]

Petroleum Daily Report 3-19-2026

Brent crude rose on Thursday, settling at $108.65 per barrel, up $1.27 or 1.18%. Earlier in the session, Brent reached a high of $119.13, approaching the 3½-year peak seen earlier in March. U.S. West Texas Intermediate (WTI) crude closed at $96.14 per barrel, down 18 cents or 0.19%, after earlier climbing nearly $4 to a […]

Petroleum Daily Report 3-18-2026

Oil prices climbed on Wednesday as escalating attacks on energy infrastructure across the Middle East heightened concerns over prolonged supply disruptions. Brent crude settled at $107.38 per barrel, up nearly $4, or 3.8%, while U.S. West Texas Intermediate (WTI) crude settled at $96.32, up 11 cents, or 0.1%. Brent briefly traded near $110 and has now […]

Petroleum Daily Report 3-17-2026

Oil prices rose on Tuesday as renewed Iranian attacks on energy infrastructure in the Middle East reignited supply concerns and underscored the risk of prolonged disruptions from the ongoing conflict. Brent crude settled at $103.42 per barrel, up $3.21, or 3.2%, while U.S. West Texas Intermediate (WTI) crude settled at $96.21, up $2.71, or 2.9%. […]