Oil prices were slightly higher today, bouncing back from earlier losses.
PFL Railcar Report 3-6-2023
In January 2023, total consumer spending in the US rose by a preliminary 1.8%, the largest month-to-month increase since March 2021.
Petroleum Daily Report 3-3-2023
Oil prices rose today, boosted by signs of a stronger economic rebound in China and easing worries of aggressive US rate hikes
Petroleum Daily Report 3-2-2023
Manufacturing activity in China grew last month at the fastest pace in more than a decade. Meanwhile, imports of Russian seaborne crude…
Petroleum Daily Report 3-1-2023
Oil prices were higher today despite a build in crude inventories. WTI traded up $0.64 to close at $77.69.
Petroleum Daily Report 2-28-2023
Oil prices were stronger today erasing yesterday’s losses as Chinas economic recovery seems to be picking up steam
Petroleum Daily Report 2-27-2023
Oil prices slid today as strong US economic data increased worries about future rate hikes.
PFL Railcar Report 2-27-2023
Former Small town Indiana mayor, now the country’s transportation secretary, plans to ask Congress to increase fines for railroads and speed up tank car regulations.
Petroleum Daily Report 2-24-2023
Oil prices were mostly flat week over week edging higher today in a volatile session after both contracts were initially down over $1.
Petroleum Daily Report 2-23-2023
Oil prices settled higher Thursday on expectations of steep cuts to Russian production next month.