Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
Oil prices settled slightly lower on Monday as markets viewed the latest European sanctions on Russian oil as unlikely to significantly disrupt global supply. Brent crude fell 7 cents, or 0.1%, to $69.21 a barrel, while U.S. West Texas Intermediate declined 14 cents, or 0.2%, to $67.20. The European Union’s 18th sanctions package targeted India’s […]
“I had to live in the desert before I could understand the full value of grass in a green ditch”– Ella Maillart On Mobile? Click here to download the PDF
“I had to live in the desert before I could understand the full value of grass in a green ditch.”– Ella Maillart Jobs Update Stocks closed mixed on Friday of last week and mixed week-over-week The DOW closed lower on Friday of last week, down -142.3 points (-0.32%), closing out the week at 44,342.19, down […]
Crude oil futures were little changed on Friday as markets balanced mixed U.S. economic signals with concerns over supply disruptions stemming from new European sanctions on Russia. Brent crude settled at $69.28 a barrel, down 24 cents or 0.3%, while U.S. West Texas Intermediate (WTI) slipped 20 cents, also 0.3%, to end at $67.34. Both […]
Oil prices rose sharply on Thursday as geopolitical tensions flared following a fourth day of drone attacks on oilfields in Iraq’s Kurdistan region, highlighting the fragility of supply from the Middle East. Brent crude settled at $69.52 per barrel, gaining $1.00 or 1.46%, while U.S. West Texas Intermediate (WTI) climbed $1.16, or 1.75%, to settle […]
Oil prices edged lower on Wednesday as rising U.S. fuel inventories and concerns over the economic fallout from U.S. tariffs overshadowed stronger crude draws and some improving demand signals. Brent settled down 19 cents, or 0.3%, at $68.52 per barrel, while U.S. West Texas Intermediate (WTI) fell 14 cents, or 0.2%, to $66.38. EIA data […]
Oil prices dipped slightly on Tuesday as investor anxiety over immediate sanctions on Russian crude faded after U.S. President Donald Trump gave a 50-day deadline for Moscow to end the war in Ukraine. Brent crude settled down 50 cents, or 0.7%, at $68.71 a barrel, while U.S. West Texas Intermediate crude slipped 46 cents, or […]
Oil prices fell over $1 on Monday as traders digested new sanctions threats from U.S. President Donald Trump aimed at buyers of Russian oil, even as broader concerns about tariffs and future demand lingered. Brent crude settled at $69.21 a barrel, down $1.15 or 1.63%, while U.S. West Texas Intermediate (WTI) closed at $66.98, down […]
“Humanity has won its battle. Liberty now has a country.” – Marquis de Lafayette On Mobile? Click here to download the PDF
“We aim above the mark to hit the mark.” – Ralph Waldo Emerson Jobs Update Stocks closed lower on Friday of last week and lower week-over-week The DOW closed lower on Friday of last week, down -279.13 points (0.63%), closing out the week at 44,371.51, down -457.02 points week-over-week. The S&P 500 closed lower on […]