Petroleum Daily Report 5-19-2025

Brent crude settled up 13 cents at $65.54 a barrel, while U.S. West Texas Intermediate (WTI) rose 20 cents to $62.69. Both benchmarks had posted over 1% weekly gains the previous week. Iranian Deputy Foreign Minister Majid Takht-Ravanchi said nuclear talks would stall if the U.S. insists Tehran halt uranium enrichment, dampening hopes for a […]

RIN Recap 5-19-2025

“A man has to learn that he cannot command things, but that he can command himself; that he cannot coerce the wills of others, but that he can mold and master his own will: and things serve him who serves Truth; people seek guidance of him who is master of himself.” – James Allen On […]

PFL Railcar Report 5-19-2025

“A man has to learn that he cannot command things, but that he can command himself; that he cannot coerce the wills of others, but that he can mold and master his own will: and things serve him who serves Truth; people seek guidance of him who is master of himself.” – James Allen Jobs […]

Petroleum Daily Report 5-16-2025

Oil prices rose Friday, capping a second straight weekly gain, as U.S.-China trade tensions eased—but gains were limited by supply concerns from Iran and OPEC+. Brent crude settled up 88 cents (+1.4%) at $65.41 per barrel, while U.S. West Texas Intermediate (WTI) rose 87 cents (+1.4%) to $62.49. For the week, Brent climbed 2.3% and […]

Petroleum Daily Report 5-15-2025

Crude oil prices fell sharply on Thursday as renewed optimism around a potential U.S.-Iran nuclear agreement raised the prospect of increased Iranian oil exports, adding bearish pressure to an already uncertain market. Brent crude futures dropped $1.56, or 2.36%, to settle at $64.53 a barrel, while U.S. West Texas Intermediate (WTI) crude fell $1.53, or […]

Petroleum Daily Report 5-14-2025

Crude oil prices retreated on Wednesday, snapping a two-day rally, as government data revealed an unexpected rise in U.S. crude inventories, reigniting concerns about oversupply. Brent crude futures fell 54 cents, or about 0.81%, to settle at $66.09 a barrel, while U.S. West Texas Intermediate (WTI) crude slid 52 cents, or 0.82%, to finish at […]

Petroleum Daily Report 5-13-2025

Crude oil futures jumped more than $1.60 per barrel on Tuesday, bolstered by a combination of easing U.S.-China trade tensions and unexpectedly mild inflation data in the U.S., which together improved the market’s risk appetite. Brent crude settled at $66.63 per barrel, gaining $1.67, or 2.57%, while U.S. West Texas Intermediate (WTI) crude climbed $1.72, […]

Petroleum Daily Report 5-12-2025

Oil prices climbed about 1.5% on Monday to reach a two-week high, supported by renewed optimism over a potential resolution to the U.S.-China trade conflict. Brent crude futures settled up $1.05, or 1.6%, at $64.96 per barrel, while U.S. West Texas Intermediate (WTI) crude rose 93 cents, or 1.5%, to close at $61.95. Both benchmarks […]

PFL Railcar Report 5-12-2025

“Progress never comes from those satisfied with the failures of a broken system, it comes from those who want to fix the broken system” – Donald Trump Jobs Update Stocks closed lower on Friday of last week, but mixed week over week The DOW closed lower on Friday of last week, down -119.07 points (-0.29%) […]