Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
Oil prices rose today after a few days of declines buoyed by better-than-expected inflation numbers that lifted financial markets across the board. The CPI came in at 7.7%, which despite being relatively high is an improvement from the last few months. This number could signal a softening to come from the world’s central banks. “(Consumer […]
Oil prices slid on Tuesday on China demand worries and the U.S. midterm elections.
Oil prices fell on Monday, paring gains after rising to more than two-month highs, on mixed signals over China
Manufacturing output would be even higher if automakers hadn’t been having severe supply chain problems this year
Oil prices rallied today amid uncertainty of future interest rates hikes and a looming EU ban on Russian oil.
Oil prices were down today, as China stands by its zero Covid policy
Oil prices rose again today, gaining ground despite other risk assets coming off following the Feds decision
Oil prices are higher today, recouping some losses from yesterday’s session around China demand optimism. An unverified note trending in social media, and tweeted by influential economist Hao Hong, said a “Reopening Committee” has been formed by Politburo Standing Member Wang Huning, and was reviewing overseas COVID data to assess various reopening scenarios, aiming to […]
Oil prices fell on Monday on expectations that U.S. production could rise and as weaker economic