Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
Oil prices fell on Friday but remained on track for a weekly gain of more than 8% as continued attacks on Middle East shipping routes raised concerns about prolonged supply disruptions. Brent crude futures settled $3.02, or 2.81%, lower at $104.61 per barrel, while U.S. West Texas Intermediate (WTI) crude fell $2.43, or 2.37%, to […]
Oil prices surged more than 6% on Thursday, with both major benchmarks trading above $100 a barrel as intensifying attacks on shipping in and around the Middle East raised concerns that already-tight global supplies could face further disruption. Brent crude futures jumped $6.42, or 6.34%, to settle at $107.63 per barrel, while U.S. West Texas […]
Oil prices surged above $100 a barrel on Wednesday, reaching their highest close since May 22, as escalating attacks on shipping near the Strait of Hormuz raised concerns that Middle East supply disruptions could worsen. Brent crude futures rose $3.29, or 3.4%, to settle at $101.21 per barrel, after reaching $101.58 during the session. U.S. […]
Oil prices climbed to a fresh six-week high on Tuesday as attacks by Iran-backed Houthis in Saudi Arabia raised concerns that the expanding Middle East conflict could further disrupt global energy supplies. Brent crude futures rose $0.92, or 0.9%, to settle at $97.92 per barrel, while U.S. West Texas Intermediate (WTI) crude increased $1.55, or […]
“One person with passion is better than 40 people merely interested.” – E.M. Forster Jobs Update Initial jobless claims seasonally adjusted for the week ending August 29, 2026 came in at 206,000, versus the adjusted number of 204,000 people from the week prior, up 2,000 people week over week. Continuing jobless claims came in at […]
“One person with passion is better than 40 people merely interested.”– E.M. Forster Open PDF Download PDF Your browser cannot display this PDF. Open the report
Oil prices rose on Friday and posted substantial weekly gains as renewed military exchanges between the United States and Iran heightened concerns over prolonged disruptions to Middle Eastern energy supplies. Brent crude gained 76 cents, or 0.8%, to settle at $92.68 per barrel, while WTI rose 18 cents, or 0.2%, to $91.48. For the week, […]
Oil prices were mixed on Thursday as escalating tensions between the United States and Iran continued to support concerns over Middle East supply disruptions, while signs of potential peace negotiations between Russia and Ukraine limited further gains. Brent crude slipped 11 cents, or 0.12%, to settle at $95.52 per barrel, while WTI gained 29 cents, […]
Oil prices settled higher on Wednesday in a volatile session as renewed military exchanges between the United States and Iran heightened concerns over further disruptions to global energy supplies. Brent crude rose 98 cents, or 1.0%, to settle at $95.63 per barrel, while WTI gained 79 cents, or 0.9%, to $91.01. Both benchmarks experienced significant […]
Oil prices surged more than 4% on Tuesday, settling at five-week highs as renewed U.S.-Iran military action intensified concerns over prolonged disruptions to Middle Eastern energy supplies. Brent crude rose $4.16, or 4.6%, to settle at $94.65 per barrel, while WTI gained $4.46, or 5.2%, to $90.22. Brent recorded its highest close since July 24, […]