
PFL Railcar Report 6-27-2022
The Canadian Energy Regulator (“CER”) updated its monthly crude by rail numbers on June 21, 2022.
Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.

The Canadian Energy Regulator (“CER”) updated its monthly crude by rail numbers on June 21, 2022.

Oil prices settled up today buoyed by tight supply but still logged a decline week over week for the second straight week.

Oil prices were lower today as demand destruction and rising inflation is keeping markets on edge.

Oil prices were higher today after trading down sharply on Friday.

The shutdown is a blow to President Joe Biden’s efforts to help Europe wean itself quickly from Russian gas by expanding LNG exports from the United States

Oil prices slumped to four week lows today, falling by >6% on worries of demand destruction from rising interest rates.

Oil prices rebounded today despite falling equity markets as the US announced new sanctions on Iran

Oil prices sank today, as markets worried about a fall in demand after a 75 bp rate hike today by the Fed.

Oil prices were lower today as fears of a cool down in financial conditions have been suppressing markets.

Oil was higher today as equity markets nosedived. Oil supplies are tight, with OPEC and allies unable to fully deliver on pledged output increases because of a lack of capacity in many producers,