Total North American rail volumes were down 4.3% yoy in week 50 resulting in qtd volumes that are down 5.3% and ytd that are up 4.8% yoy
Petroleum Daily Report 12-22-2021
Oil prices were strong today on a big draw in crude inventories despite the largest build in gasoline inventories in 6 months.
Petroleum Daily Report 12-21-2021
Oil prices rose today, gaining back yesterday’s losses. Markets remain wary of this new virus strain but today was a day of renewed risk appetite.
Petroleum Daily Report 12-20-2021
Oil and financial markets were hit hard today in another risk off day brought on by fears of new lockdowns globally.
PFL Railcar Report 12-20-2021
“Your present circumstances don’t determine where you can go, they merely determine where you start.” – Nido Qubein Jobs Update Initial and Continuing Jobless Claims Stocks closed lower on Friday of last week and lower week over week The DOW closed lower on Friday of last week, down 532.2 points (-1.48%), closing out the week […]
Petroleum Daily Report 12-17-2021
Oil and nat gas prices fell today, as Covid market jitters hurt financial markets across the board.
Petroleum Daily Report 12-16-2021
Oil prices rose today, coming off of yesterday’s bullish inventory report as the market tries to wrap its head around the Feds next move.
Petroleum Daily Report 12-15-2021
The EIA data was very strong across all elements, record implied oil demand, large draw of crude and oil products,
Petroleum Daily Report 12-14-2021
Oil prices fell as the IEA stated that the global oil market has returned to a surplus as some countries tightened restrictions in an effort to get ahead of the omicron variant.
Petroleum Daily Report 12-13-2021
Oil prices traded down today, as Covid fears continue to weigh on markets. China is battling a new wave in a major manufacturing area.