Folks, it was a great get-together with the KCS. It seems to us that they are open for business and looking to cut deals.
Petroleum Daily Report 9-26-2022
Oil prices fell $2 per barrel on Monday, settling at nine-month lows primarily due to a strong U.S. dollar.
PFL Railcar Report 9-26-2022
As of 5 a.m. EDT this morning, hurricane Ian had sustained winds of up to 75 mph and was moving northwest at 14 mph.
Petroleum Daily Report 9-23-2022
Oil prices plunged today, down to 8 month lows as the USD traded to the highest level in more than 20 years.
Petroleum Daily Report 9-22-2022
Oil prices were higher today but paired some gains later in the day.
Petroleum Daily Report 9-21-2022
Oil prices fell today in a volatile session as the Federal Reserve hiked interest rates by another 75bps
Petroleum Daily Report 9-20-2022
Oil prices dropped again today on the back of a strong dollar and Fed interest-rate hikes designed to quell inflation
Petroleum Daily Report 9-19-2022
Oil prices closed higher today as OPEC+ failed to hit its own production target by 3.53 million barrels per day for August.
PFL Railcar Report 9-19-2022
Could Butane blending be back in a substantial way? It looks as though we are not going to be short heading into winter as previously thought by some.
Petroleum Daily Report 9-16-2022
Oil prices rose slightly today but remained down week over week headed into next week’s meeting of the Federal Reserve with the dollar already strong.