Oil and gas prices slumped today as expectations for a continued weakening of the global economy loomed.
Petroleum Daily Report 9-14-2022
Oil prices were higher today as the IEA said they expected more gas-to oil switching.
Petroleum Daily Report 9-13-2022
Oil prices were lower today, reversing earlier gains as the CPI came in higher than expected, lifting expectations that the Fed will deliver another hefty interest rate increase
Petroleum Daily Report 9-12-2022
Oil prices were higher today as the G7 plans to implement a price cap on Russian oil, shaking off weaker demand implications.
PFL Railcar Report 9-12-2022
Folks, just when you thought it was over the Governor of Michigan Gretchen suffered a crushing defeat; losing another battle with Enbridge in her battle to threaten U.S. energy security
Petroleum Daily Report 9-9-2022
Oil prices rose today, buoyed by financial markets and supply cuts. Futures did still post a week or week slight decline after a few down sessions this week.
Petroleum Daily Report 9-8-2022
Oil prices edged up today from 7 month lows despite a larger than expected build in crude inventories as Russia is threatening to halt oil and gas exports to some buyers
Petroleum Daily Report 9-7-2022
Oil prices sank today, with Brent settling below $90 for the first time since the war in Ukraine
Petroleum Daily Report 9-6-2022
Oil prices were lower today despite the announcement of OPEC+ production cuts.
PFL Railcar Report 9-6-2022
It is getting a little complicated to predict what is going to happen up in Alberta as it relates to crude and crude by rai