Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
Oil prices settled slightly lower Monday as expectations for another OPEC+ production hike offset optimism surrounding potential progress in U.S.-China trade talks and renewed sanctions on Russian crude. Brent crude futures slipped 32 cents (0.5%) to $65.62 a barrel, while U.S. West Texas Intermediate fell 19 cents (0.3%) to $61.31. Both contracts briefly traded nearly 1% […]
“The finest steel has to go through the hottest fire.” – Richard M. Nixon On Mobile? Click here to download the PDF
“The finest steel has to go through the hottest fire.” – Richard M. Nixon Due to the Government Shutdown, we are unable to report last week’s Jobs Update. We apologize for the inconvenience. Jobs Update • Initial jobless claims seasonally adjusted for the week ending September 20, 2025 came in at 218,000, versus the adjusted number […]
Brent crude futures settled down 5 cents, or 0.1%, at $65.94 a barrel, while U.S. West Texas Intermediate (WTI) crude finished 29 cents, or 0.5%, lower at $61.50 a barrel. Both benchmarks ended the week more than 7% higher, their biggest weekly gain since mid-June. Earlier in the session, both contracts had extended Thursday’s 5% […]
Oil prices surged around 5% to a two-week high on Thursday after the United States imposed sanctions on major Russian oil producers Rosneft and Lukoil, raising fears of tighter global supply. Brent crude futures rose $3.40, or 5.4%, to settle at $65.99 a barrel, while U.S. West Texas Intermediate (WTI) crude climbed $3.29 or 5.6%, […]
Oil prices pushed higher for a second day on Wednesday, buoyed by growing U.S. energy consumption and hopes of progress for a U.S. trade deal with China and India. Brent crude futures rose $1.27 to $62.59 a barrel, while U.S. West Texas Intermediate crude futures climbed $1.26, to $58.50. U.S. crude oil, gasoline, and distillate […]
Oil prices settled higher on Tuesday, bouncing off the previous session’s five-month lows, as investors reassessed expectations of a looming glut and sought clarity on the trade dispute between the U.S. and China, the world’s two biggest oil consumers. Brent crude futures rose 31 cents, or 0.5%, to settle at $61.32 a barrel, while U.S. West […]
Oil prices settled at their lowest since early May on Monday as oversupply concerns deepened and renewed U.S.–China trade tensions raised fears of slowing global demand. Brent crude futures fell 28¢ (-0.46%) to $61.01 per barrel, while U.S. West Texas Intermediate (WTI) eased 2¢ (-0.03%) to $57.52 — both benchmarks closing at their weakest levels […]
“A creative man is motivated by the desire to achieve, not by the desire to beat others.” – Ayn Rand On Mobile? Click here to download the PDF
“A creative man is motivated by the desire to achieve, not by the desire to beat others.” – Ayn Rand Due to the Government Shutdown, we are unable to report last week’s Jobs Update. We apologize for the inconvenience. Jobs Update • Initial jobless claims seasonally adjusted for the week ending September 20, 2025 came in […]