Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
Oil prices dipped slightly on Monday as the market digested easing geopolitical tensions in the Middle East and the prospect of an OPEC+ production increase in August. Brent crude futures settled at $67.61 a barrel, down 16 cents, or 0.2%, before expiring. The more active September contract ended lower at $66.74. U.S. West Texas Intermediate […]
There’s a beauty to wisdom and experience that cannot be faked. It’s impossible to be mature without having lived.” – Amy Grant On Mobile? Click here to download the PDF
“There’s a beauty to wisdom and experience that cannot be faked. It’s impossible to be mature without having lived.”– Amy Grant 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 432.43 points (1%), closing out the week at 43,819.27, up 1,612.45 […]
Oil prices ended slightly higher on Friday, reversing midday losses triggered by reports of an upcoming OPEC+ production hike, but still notched a steep 12% drop for the week—the largest weekly decline since March 2023. Brent crude settled at $67.77 a barrel, up 4 cents, or 0.1%, while U.S. West Texas Intermediate (WTI) rose 28 […]
Oil prices inched higher on Thursday, supported by tightening U.S. crude inventories and rising demand from the summer driving season, though gains were capped by easing fears of supply disruptions from the Middle East. Brent crude settled up just 5 cents, or 0.07%, at $67.73 a barrel, while U.S. West Texas Intermediate (WTI) crude rose […]
Oil prices rebounded nearly 1% on Wednesday as traders weighed strong U.S. demand signals against easing geopolitical tensions in the Middle East. Brent crude rose 54 cents, or 0.8%, to settle at $67.68 a barrel, while U.S. West Texas Intermediate (WTI) gained 55 cents, or 0.9%, to close at $64.92. The gains followed steep declines […]
Oil prices fell sharply on Tuesday, with Brent crude settling down $4.34, or 6.1%, at $67.14 a barrel and U.S. West Texas Intermediate (WTI) falling $4.14, or 6.0%, to $64.37. Both benchmarks hit their lowest closing levels in two weeks, as markets reacted to the announcement of a ceasefire between Israel and Iran, easing concerns […]
Oil prices plunged more than 7% on Monday, with Brent crude settling at $71.48 per barrel and U.S. West Texas Intermediate (WTI) closing at $68.51, both down $5.53, or 7.2%. The sharp decline came as Iran retaliated against U.S. airstrikes not by targeting oil infrastructure or disrupting the Strait of Hormuz, but by striking a […]
“The biggest communication problem is we do not listen to understand. We listen to reply.”– Stephen R. Covey On Mobile? Click here to download the PDF
“The biggest communication problem is we do not listen to understand. We listen to reply.” — Stephen R. Covey Jobs Update Stocks closed mixed on Friday of last week and mixed week-over-week The DOW closed higher on Friday of last week, up 35.16 points (0.08%), closing out the week at 42,206.82, up 9.03 points week-over-week. […]