Petroleum DailyRead report →
Petroleum Daily Report 8-25-2021
“While volatility looks set to continue, we see further gains for oil as global economic normalization continues and OPEC remains disciplined on crude supplies
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Petroleum DailyRead report →
Petroleum Daily Report 8-24-2021
Oil prices continued to rise today, buoyed by yesterday’s FDA approval of the Pfizer vaccine and the hopes for more demand improvement
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Petroleum Daily Report 8-23-2021
Well folks Oil prices rose more than five per cent on Monday on the back of a weaker U.S. dollar and strong global equities markets boosted crude futures after seven days of declines
Railcar ReportRead report →
PFL Railcar Report 8-23-2021
New railcar orders improved to 9,500 units in the second quarter of 2021(versus 6,200 in the first quarter of 2021) and the backlog increased 8% sequentially to 37,500 units. Overall, orders improved and are now around replacement levels
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Petroleum Daily Report 8-20-2021
Nations around the world, China for example, are imposing severe restrictions for minimal outbreaks. It’s hard for prices to find support
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Petroleum Daily Report 8-19-2021
Oil prices dropped again today, falling for a 6th straight session to lowest prices since May.
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Petroleum Daily Report 8-18-2021
Another rough day in the markets Folks. U.S. crude futures settled down $1.13, or 1.7 percent, to $65.46/bbl.
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Petroleum Daily Report 8-17-2021
We continue to see $65 support in WTI, but less forceful rebounds that see sellers pour in earlier
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Petroleum Daily Report 8-16-2021
There will be no commentary for August 16th, 2021
Railcar ReportRead report →
PFL Railcar Report 8-16-2021
Oil is set to begin flowing as soon as September through Enbridge Inc.’s disputed Line 3 replacement pipe, moving more Canadian supply to the Lower 48, according to a filing with the Canada Energy Regulator (CER)