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Petroleum Daily Report 7-6-2021

Posted on July 6, 2021January 31, 2023 by David Cohen Posted in Petroleum Daily

Oil prices closed lower for the day as tensions are emerging within OPEC+. Saudi Arabia and the UAE were unable to come to terms on supply, dissolving the discussions on production increases and initially leading the market to trade higher.

PFL Railcar Report 7-6-2021

Posted on July 6, 2021July 28, 2023 by Curtis Chandler Posted in Railcar Report

“It’s better to walk alone than with a crowd going in the wrong direction.” – Diane Grant NO PODCAST TODAY DUE TO TECHNICAL DIFFICULTIES Weekly Jobless Down Week over Week Unexpectedly Stocks up on Friday of last week and up week over week The Dow closed higher on Friday of last week, up 152.82 (+0.44%) […]

Petroleum Daily Report 7-2-2021

Posted on July 2, 2021January 31, 2023 by David Cohen Posted in Petroleum Daily

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Petroleum Daily Report 7-1-2021

Posted on July 1, 2021January 31, 2023 by David Cohen Posted in Petroleum Daily

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Petroleum Daily Report 6-30-2021

Posted on June 30, 2021January 31, 2023 by David Cohen Posted in Petroleum Daily

Brent crude prices rose on Wednesday 34 cents to settle at $74.62 per barrel. WTI gained 49 cents to settle at $73.47 a barrel. US crude stockpiles fell last week for the sixth straight week as refiners increase output

Petroleum Daily Report 6-29-2021

Posted on June 29, 2021January 31, 2023 by David Cohen Posted in Petroleum Daily

Oil prices were mostly flat for the day but traded up slightly. Mohammad Barkindo, secretary general of OPEC told an OPEC committee that 2021 demand was expected to grow by 6MM/bpd with 5MM/bpd of that in the second half of the year.

Petroleum Daily Report 6-28-2021

Posted on June 28, 2021January 31, 2023 by David Cohen Posted in Petroleum Daily

Oil prices came off today, ahead of the OPEC+ meeting on Thursday, after initially rising to new highs earlier in the session. Geopolitical tensions are rising as the US carried out airstrikes in Syria over the weekend.

PFL Railcar Report 6-28-2021

Posted on June 28, 2021July 28, 2023 by Curtis Chandler Posted in Railcar Report

“Don’t do something permanently stupid because you’re temporarily upset“ Weekly Jobless Down Marginally Week over Week Stocks mostly up Friday of last week and up week over week Stocks set fresh record highs on Friday, with traders hoping that a bipartisan infrastructure deal would help further stoke economic activity. The Dow closed higher on Friday […]