Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
“You can be discouraged by failure, or you can learn from it. So go ahead and make mistakes, make all you can. Because, remember that’s where you’ll find success – on the far side of failure.” – Thomas J Watson Jobs Update Stocks closed lower on Friday of last week and lower week-over-week The DOW […]
Oil prices moved higher on Friday as the Strait of Hormuz remained closed and supply disruptions across the Middle East continued to support the market, although analysts warned the weekend could bring unexpected developments in the conflict. Brent crude settled at $103.14 per barrel, up $2.68, or 2.67%, while U.S. West Texas Intermediate (WTI) crude […]
Oil prices surged on Thursday, settling at their highest levels in nearly four years, as Iran intensified attacks on oil and transportation infrastructure across the Middle East and vowed to keep the Strait of Hormuz closed. Brent crude settled at $100.46 per barrel, up $8.48, or 9.2%, while U.S. West Texas Intermediate (WTI) crude settled at […]
Oil prices rose on Wednesday as renewed attacks on vessels in the Strait of Hormuz heightened concerns over supply disruptions, while analysts said a proposed release of strategic reserves would likely be insufficient to offset the losses. Brent crude futures settled at $91.98 per barrel, up $4.18, or 4.8%, while U.S. West Texas Intermediate (WTI) […]
Oil prices plunged on Tuesday, posting their largest single-day percentage decline since March 2022 as markets reacted to signals that the conflict with Iran could ease and that oil supplies may continue reaching global markets. Brent crude futures settled at $87.80 per barrel, down $11.16, or 11%, while U.S. West Texas Intermediate (WTI) crude settled […]
Oil prices rose sharply on Monday as supply disruptions tied to the expanding U.S.–Israeli war with Iran and production cuts from Saudi Arabia and other OPEC producers tightened global markets. Brent crude futures settled at $98.96 per barrel, up $6.27, or 6.8%, while U.S. West Texas Intermediate (WTI) crude settled at $94.77, up $3.87, or 4.3%. […]
“Do not let the memories of your past limit the potential of your future. There are no limits to what you can achieve on your journey through life, except in your mind.” – Roy T. Bennett On Mobile? Click here to download the PDF
“Do not let the memories of your past limit the potential of your future. There are no limits to what you can achieve on your journey through life, except in your mind.” – Roy T. Bennett Jobs Update Stocks closed lower on Friday of last week and lower week-over-week The DOW closed lower on Friday […]
Oil prices surged on Friday, with U.S. crude futures rising more than 12% as buyers sought alternative supplies amid the effective closure of the Strait of Hormuz during the escalating U.S.–Israeli conflict with Iran. Brent crude futures settled at $92.69 per barrel, up $7.28, or 8.52%, while U.S. West Texas Intermediate (WTI) crude settled at […]
Brent crude settled $4.01 higher, or 4.93%, at $85.41 per barrel, marking its fifth consecutive session of gains. U.S. West Texas Intermediate crude rose $6.35, or 8.51%, to $81.01. The rally comes as shipping through the Strait of Hormuz has effectively stalled, raising concerns that prolonged disruptions could force producers across the region to cut […]