Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
Oil prices rose on Monday, settling at their highest levels in seven weeks, as concerns grew that Iranian oil exports could decline amid a government crackdown on anti-government protests. Brent crude futures gained 53 cents, or 0.8%, to settle at $63.87 per barrel, while U.S. West Texas Intermediate crude rose 38 cents, or 0.6%, to […]
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“Discipline is choosing what you want most over what you want now.” – Unknown Author Jobs Update Stocks closed higher on Friday of last week and higher week-over-week The DOW closed higher on Friday of last week, up 237.96 points (0.48%), closing out the week at 49,504.07, up 1,121.68 points week-over-week. The S&P 500 closed […]
Oil prices rose about 2% on Friday, supported by growing concerns about supply disruptions amid intensifying unrest in Iran and continued geopolitical tension in Russia’s war in Ukraine. Brent crude futures settled $1.35 higher, or 2.18%, at $63.34 per barrel, while U.S. West Texas Intermediate (WTI) crude gained $1.36, or 2.35%, to $59.12 a barrel. […]
Oil prices climbed more than 3% on Thursday, rebounding after two days of losses, as investors assessed developments in Venezuela and monitored supply risks from Russia, Iraq, and Iran. Brent crude futures rose $2.03, or 3.4%, to settle at $61.99 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $1.77, or 3.2%, to settle […]
Oil prices eased on Wednesday as traders absorbed news of a new U.S.–Venezuelan crude arrangement that could add barrels to the world’s largest consuming market, reinforcing expectations of abundant supply in 2026. Brent crude futures closed down 74 cents, or 1.2%, at $59.96 a barrel, while U.S. West Texas Intermediate (WTI) crude fell $1.14, or […]
Oil prices fell on Tuesday as markets weighed expectations of ample global supply in 2026 against uncertainty surrounding Venezuelan crude output following the U.S. capture of President Nicolas Maduro. Brent crude settled down $1.06, or 1.7%, at $60.70 a barrel, while U.S. West Texas Intermediate fell $1.19, or 2.0%, to $57.13. Analysts said supply conditions […]
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“Prepare for the unknown by studying how others in the past have coped with the unforeseeable and the unpredictable.”-George S. Patton Jobs Update Stocks closed mixed on Friday of last week, but lower week-over-week The DOW closed higher on Friday of last week, up 319.10 points (0.66%), closing out the week at 48,382.39, down -328.58 […]
Oil prices edged lower on the first trading day of 2026, extending last year’s steep losses as investors continued to weigh persistent oversupply concerns against ongoing geopolitical risks. Brent crude settled down 10 cents at $60.75 a barrel, while U.S. West Texas Intermediate eased by the same amount to $57.32. Markets opened the year cautiously […]