
PFL Railcar Report 1-23-2023
Freeport LNG’s shut in 2 BCF per day LNG export facility in Texas started receiving natural gas from pipelines
Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.

Freeport LNG’s shut in 2 BCF per day LNG export facility in Texas started receiving natural gas from pipelines

Oil prices were up today notching their second straight weekly gains as Chinas economic prospects brightened

Oil prices rallied today buoyed by rising Chinese demand despite another week of larger than expected crude inventory builds.

Oil prices eased today falling with other financial markets as bad economic data worried investors. WTI traded down $.70 to close at $79.48.

Oil prices were higher today in a choppy session. China’s gross domestic product expanded 3% in 2022,

Natgas continued to tumble last week as growing production and warm weather has set in and some calling winter over.

Oil prices gained again today along with other financial markets as inflation unexpectedly fell in December

Oil prices gained again today along with other financial markets as inflation unexpectedly fell in December

Oil prices rose today to their highest since 12/3. WTI traded up $2.29 to close at $77.41. Brent traded up $2.57 to close at $82.67.

Oil prices edged slightly higher as global consumption of liquid fuels was forecasted to reach 102.2 MM/bpd in 2024.