Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
“There’s a lot of difference between listening and hearing.” ― G.K. Chesterton 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 443.13 points (+1.05%), closing out the week at 42,762.87, up 492.81 points week-over-week. The S&P 500 closed higher on Friday […]
Oil prices rose more than $1 a barrel on Friday and were on track for their first weekly gain in three weeks, buoyed by a solid U.S. jobs report and renewed trade talks between Presidents Trump and Xi. Brent crude climbed 1.96% to $66.62, while U.S. West Texas Intermediate rose 2.11% to $64.71. The U.S. […]
Oil prices rose on Thursday, rebounding from the previous day’s losses after U.S. President Donald Trump and Chinese President Xi Jinping agreed to resume trade talks. Brent crude settled up 48 cents at $65.34 a barrel, while U.S. West Texas Intermediate gained 52 cents to $63.37. The renewed dialogue boosted market sentiment, with analysts suggesting […]
Oil prices fell just over 1% on Wednesday after U.S. data showed a sharp increase in gasoline and diesel inventories, raising concerns about weakening demand. Brent crude settled down 77 cents at $64.86 a barrel, while U.S. West Texas Intermediate dropped 56 cents to $62.85. According to the Energy Information Administration, gasoline stocks surged by […]
Oil prices rose about 2% on Tuesday, reaching a two-week high, as persistent geopolitical tensions signaled that sanctions on Russia and Iran are unlikely to ease soon. Brent crude futures climbed $1, or 1.5%, to $65.63 a barrel by mid-morning, while U.S. West Texas Intermediate (WTI) gained $0.89, or 1.4%, to $63.41. Analysts attributed the […]
Oil prices surged nearly 3% on Monday, driven by concerns over supply disruptions from Canadian wildfires, a weakening U.S. dollar, and ongoing geopolitical tensions, despite OPEC+ sticking to its planned output increase. Brent crude futures rose by $1.85, or 2.95%, to settle at $64.63 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $1.73, […]
“Beware of false knowledge; it is more dangerous than ignorance.” – George Bernard Shaw On Mobile? Click here to download the PDF
“Beware of false knowledge; it is more dangerous than ignorance.” George Bernard Shaw Jobs Update Stocks closed lower on Friday of last week, but higher week over week The DOW closed higher on Friday of last week, up 54.34 points (+0.13%) , closing out the week at 42,270.07, up 667 points week-over-week. The S&P 500 […]
Oil prices fell sharply on Friday, with U.S. crude dropping more than $1 during the day, as investors anticipated that OPEC+ would agree to a larger-than-expected production increase for July. Brent crude futures settled down 25 cents, or 0.39%, at $63.90 a barrel. U.S. West Texas Intermediate (WTI) crude finished down 15 cents, or 0.25%, […]
Brent crude fell 75 cents, or 1.2%, to settle at $64.15 a barrel, while U.S. West Texas Intermediate (WTI) dropped 90 cents, or 1.5%, to close at $60.94. Prices initially rose after a U.S. court ruled that President Trump exceeded his authority with sweeping tariffs, but optimism faded as administration officials downplayed the ruling’s impact […]