Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
Crude oil prices fell sharply on Tuesday as traders viewed the latest U.S. sanctions campaign against Iran as posing less immediate risk to global oil supplies than a further military escalation. Brent crude fell $3.59, or 3.9%, to $88.58 per barrel, while WTI declined $2.65, or 3.1%, to $82.36 per barrel. Both benchmarks reached their […]
Crude oil prices fell more than 2% on Monday as investors took profits following two consecutive weeks of gains and largely shrugged off newly announced U.S. sanctions targeting Iran and its trading partners. Brent crude settled down $2.22, or 2.35%, at $92.17 per barrel, while WTI declined $2.05, or 2.35%, to settle at $85.01 per […]
“A ship is safe in harbor, but that’s not what ships are for.” — John A. Shedd Jobs Update Initial jobless claims seasonally adjusted for the week ending August 15, 2026 came in at 206,000, versus the adjusted number of 212,000 people from the week prior, down 6,000 people week-over-week. Continuing jobless claims came in […]
“A ship is safe in harbor, but that’s not what ships are for.” — John A. Shedd Open PDF Download PDF Your browser cannot display this PDF. Open the report
Crude oil prices moved higher on Friday as the threat of additional U.S. sanctions against Iran and its trading partners raised concerns that global supplies could tighten further. Brent crude settled up $0.61, or 0.65%, at $94.39 per barrel, while WTI gained $0.23, or 0.26%, to settle at $87.06 per barrel. Both benchmarks posted strong weekly […]
Crude oil prices surged more than 2% on Thursday, settling at their highest levels in nearly a month as escalating geopolitical tensions and continued supply disruptions across the Middle East kept significant upward pressure on the market. Brent crude settled up $2.16, or 2.4%, at $93.78 per barrel, while WTI gained $2.00, or 2.3%, to […]
Crude oil prices moved higher on Wednesday, reaching their highest levels in nearly four weeks as escalating tensions in the Middle East and continued restrictions on shipping through the Strait of Hormuz kept supply concerns elevated. Brent crude settled up $0.60, or 0.7%, at $91.62 per barrel, while WTI gained $0.89, or 1.1%, to settle […]
Crude oil prices settled slightly higher on Tuesday, reaching their highest levels in more than three weeks as concerns over the future of the Strait of Hormuz and fading hopes for a near-term U.S.-Iran agreement continued to support prices. Brent crude settled up $0.15, or 0.17%, at $91.02 per barrel, while WTI gained $0.44, or […]
Crude oil prices climbed more than 2% on Monday as growing uncertainty surrounding diplomatic efforts to end the Iran conflict raised concerns over prolonged disruptions to global oil supplies. Brent crude settled up $2.35, or 2.65%, at $90.87 per barrel, while WTI gained $2.10, or 2.55%, to settle at $84.50 per barrel. Market attention remained […]
“Permit yourself to change your mind when something is no longer working for you.” – Nedra Glover Tawwab On Mobile? Click here to download the PDF