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Petroleum Daily Report 6-14-2021
Oil prices were mostly flat for the day, trading up to new highs before settling lower on news that Brittan is extending their shutdown another month.
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Railcar ReportRead report →
PFL Railcar Report 6-14-2021
“If you can’t fly then run, if you can’t run then walk, if you can’t walk then crawl, but whatever you do you have to keep moving forward.” ― Martin Luther King Jr. Weekly Jobless Claims down Week over Week Yet Again Stocks up Friday of last week Dow Down week over week The Dow […]
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Petroleum Daily Report 6-11-2021
Oil traded up slightly, settling again at multi year highs, and recording a 3rd straight week of gains.
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Petroleum Daily Report 6-10-2021
Oil continued to rise today, reaching new two year highs in a volatile session.
Prices had initially traded down significantly
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Petroleum Daily Report 6-9-2021
Oil prices declined today, likely a combination of profit taking and due to a large build in fuel inventories.
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Petroleum Daily Report 6-8-2021
Oil prices came back slightly today, with US prices settling at the highest level in more than two years.
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Petroleum Daily Report 6-7-2021
Oil prices dipped today, pulling back slightly from two year highs. Oil volatility has collapsed recently and is basically trading at last summer lows.
Railcar ReportRead report →
PFL Railcar Report 6-7-2021
“What you stay focused on will grow.” – Roy T. Bennett Weekly Jobless Claims down Week over Week Yet Again Initial claims for jobless benefits totaled 385,000 last week, better than the 390,000 estimate. (See Chart) The fifth straight weekly decrease in claims was led by Texas and Florida. They could decline further as Republican […]
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Petroleum Daily Report 6-4-2021
Oil prices extended gains today, with Brent trading up to two year highs before trading down a little later in the session.
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Petroleum Daily Report 6-3-2021
There will be no commentary for June 3rd 2021