Oil prices were lower today in a choppy session on lackluster Chinese demand and a strong US dollar.
PFL Railcar Report 10-24-2022
President Biden, in his wisdom, decided since it worked so well last time to sell more of our strategic reserves
Petroleum Daily Report 10-21-2022
Oil prices were higher today after trading down over a dollar earlier in the session.
Petroleum Daily Report 10-20-2022
Oil prices were mostly flat for the day in another choppy session. The market is being tugged in both directions by fears of a global economic slowdown and production curbs
Petroleum Daily Report 10-19-2022
Oil prices rose on Wednesday as caution over tightening supply countered the negative impact of uncertain demand, and news that the United States will release more crude from its reserves.
Petroleum Daily Report 10-18-2022
Oil prices were lower today, trading down earlier in the session and holding onto those lows.
Petroleum Daily Report 10-17-2022
Oil prices held steady on Monday in choppy trading on fears that high inflation and energy costs could drag the global economy into recession.
PFL Railcar Report 10-17-2022
The widening of the West Texas Intermediate (WTI) vs Western Canadian Select (WCS) differential continues unabated and shows little sign that it will correct to more historic norms anytime soon.
Petroleum Daily Report 10-14-2022
Oil prices were down again today with WTI and Brent down 7.6% and 6.4% respectively for the week.
Petroleum Daily Report 10-13-2022
Oil prices turned around today as low diesel inventories outweighed surprisingly high crude and gasoline stocks