Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
Oil prices jumped sharply on Monday as renewed military escalation in the Middle East heightened concerns over further disruptions to global energy supply. Brent crude rose 5.8% to settle at $114.44 per barrel, while U.S. West Texas Intermediate (WTI) gained 4.4% to $106.42. The move marked one of the largest daily increases since the ceasefire between […]
“Life is precarious, and life is precious. Don’t presume you will have it tomorrow, and don’t waste it today.” – John Piper. On Mobile? Click here to download the PDF
“Life is precarious, and life is precious. Don’t presume you will have it tomorrow, and don’t waste it today.” – John Piper. Jobs Update Stocks closed mixed on Friday of last week and higher week-over-week The DOW closed lower on Friday of last week, down -152.87 points (-0.31%), closing out the week at 49,499.27, up […]
Brent crude settled down 2.0% at $108.17 per barrel, while U.S. West Texas Intermediate (WTI) fell 3.0% to $101.94. Earlier in the week, Brent surged to $126.41—its highest level since March 2022—highlighting the elevated volatility in the market. The decline followed reports that Tehran delivered a fresh negotiating proposal via Pakistani mediators, signaling a possible […]
Brent crude rose as high as $126.41 per barrel—its highest level since March 2022—before settling down 3.4% at $114.01. U.S. West Texas Intermediate (WTI) also retreated from intraday highs, closing 1.7% lower at $105.07. Despite the pullback, both benchmarks remain on track for a fourth consecutive monthly gain. The decline appeared technical rather than fundamentally […]
Oil prices jumped more than 6% on Wednesday, settling at their highest levels in weeks as stalled U.S.-Iran negotiations reinforced concerns over prolonged disruptions to Middle Eastern supply. Brent crude rose 6.1% to $118.03 per barrel—its eighth consecutive gain—while U.S. West Texas Intermediate (WTI) climbed 7% to $106.88. Brent briefly pushed toward $120 in post-settlement […]
Oil prices climbed nearly 3% on Tuesday, extending their rally as persistent supply disruptions tied to the Strait of Hormuz outweighed bearish developments from the United Arab Emirates’ decision to exit OPEC+. Brent crude settled at $111.26 per barrel, up 2.8% and marking a seventh consecutive gain, while U.S. West Texas Intermediate (WTI) rose 3.7% […]
Oil prices advanced on Monday, climbing roughly 3% to a two-week high as stalled U.S.-Iran negotiations and continued disruptions in the Strait of Hormuz kept global supply conditions tight. Brent crude settled at $108.23 per barrel, up 2.8%, while U.S. West Texas Intermediate (WTI) rose 2.1% to $96.37. The move extended Brent’s rally to six […]
“The easiest thing to be in the world is you. The most difficult thing to be is what other people want you to be. Don’t let them put you in that position” – Leo Buscaglia On Mobile? Click here to download the PDF
“The easiest thing to be in the world is you. The most difficult thing to be is what other people want you to be. Don’t let them put you in that position” – Leo Buscaglia Jobs Update Stocks closed mixed on Friday of last week and mixed week-over-week The DOW closed lower on Friday of […]