Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
Oil prices moved sharply lower on Tuesday, as renewed hopes for diplomatic progress weighed on markets amid signs that Iran could resume talks with the U.S. and Israel to end the conflict. Brent crude fell $4.57, or 4.6%, to settle at $94.79 per barrel, while U.S. West Texas Intermediate (WTI) dropped $7.80, or 7.9%, to […]
Oil prices moved higher on Monday, rising roughly 4% after the U.S. military initiated a blockade of vessels departing Iranian ports, increasing tensions following the breakdown of weekend talks aimed at ending the conflict. Brent crude gained $4.16, or 4.4%, to settle at $99.36 per barrel, while U.S. West Texas Intermediate (WTI) rose $2.51, or […]
“We know what we are but know not what we may be.” – William Shakespeare On Mobile? Click here to download the PDF
“We know what we are, but know not what we may be.” – William Shakespeare Jobs Update Stocks closed mixed on Friday of last week and higher week-over-week The DOW closed lower on Friday of last week, down -269.23 points (-0.56%), closing out the week at 47,916.57, up 1,411.97 points week-over-week. The S&P 500 closed […]
Oil futures moved lower on Friday, capping their steepest weekly decline since 2022 as markets positioned ahead of upcoming U.S.-Iran talks aimed at securing a more durable ceasefire. Brent crude settled down 72 cents, or 0.8%, at $95.20 per barrel, posting a weekly loss of 12.7%. U.S. West Texas Intermediate (WTI) fell $1.30, or 1.3%, to […]
Oil prices closed modestly higher on Thursday but remained below $100 per barrel for a second consecutive session, as markets balanced a fragile Middle East ceasefire against ongoing disruptions to energy flows. Brent crude settled up $1.17, or 1.2%, at $95.92 per barrel after earlier rising above $99. U.S. West Texas Intermediate (WTI) gained $3.46, or […]
Oil prices plunged on Wednesday, falling below $100 per barrel, as markets reacted to a temporary ceasefire agreement between the U.S. and Iran that raised expectations for a potential reopening of the Strait of Hormuz. Brent crude dropped $14.52, or 13.3%, to settle at $94.75 per barrel, while U.S. West Texas Intermediate (WTI) fell $18.54, […]
U.S. WTI crude futures settled 54 cents higher at $112.95 per barrel after earlier climbing above $117, while Brent crude edged down 50 cents to $109.27. Price action continues to be driven by disruptions linked to the Strait of Hormuz, which remains largely closed.. Geopolitical risks remain elevated, with continued escalation in infrastructure attacks across […]
Oil prices edged higher in choppy trading on Monday, as escalating rhetoric between the U.S. and Iran offset ongoing indirect talks that could potentially lead to a de-escalation in hostilities. Brent crude settled at $109.77 per barrel, up 74 cents, or 0.7%, while U.S. West Texas Intermediate (WTI) rose 87 cents, or 0.8%, to $112.40. Price […]
“I’ve always found that anything worth achieving will always have obstacles in the way and you’ve got to have that drive and determination to overcome those obstacles on route to whatever it is that you want to accomplish.” – Chuck Norris On Mobile? Click here to download the PDF