“A wise man can learn more from a foolish question than a fool can learn from a wise answer.”– Bruce Lee On Mobile? Click here to download the PDF
PFL Railcar Report 12-23-2024
“A wise man can learn more from a foolish question than a fool can learn from a wise answer.” – Bruce Lee Jobs Update Stocks closed higher on Friday of last week, but lower week over week Wall Street suffered its worst weekly loss in just over a month on Friday as market participants received […]
Petroleum Daily Report 12-20-2024
Oil prices held steady on Friday, with Brent crude rising 6 cents (0.08%) to $72.94 per barrel, and WTI gaining 8 cents (0.12%) to $69.46. Both benchmarks finished the week down about 2.5%. Cooling U.S. inflation supported expectations for rate cuts, weakening the dollar and boosting oil demand prospects. However, concerns lingered about China’s weakening […]
Petroleum Daily Report 12-19-2024
Oil prices dropped on Thursday, with Brent crude falling 51 cents (0.7%) to close at $72.88 a barrel, while U.S. West Texas Intermediate (WTI) for January delivery declined 67 cents (1%) to $69.91 before expiration. The February WTI contract, which saw more activity, settled 64 cents lower at $69.38. The decline followed cautious remarks from […]
Petroleum Daily Report 12-18-2024
Oil prices rose modestly on Wednesday following a drop in U.S. crude inventories and an expected interest rate cut by the Federal Reserve. Brent crude closed up 20 cents (0.27%) at $73.39 a barrel, while U.S. West Texas Intermediate (WTI) gained 50 cents (0.71%) to settle at $70.58. However, both benchmarks retreated from session highs, […]
Petroleum Daily Report 12-17-2024
Oil futures slipped on Monday, retreating from multi-week highs due to weaker-than-expected consumer spending in China and investor caution ahead of the U.S. Federal Reserve’s interest rate decision. Brent crude fell 58 cents (0.8%) to settle at $73.91 a barrel, while U.S. West Texas Intermediate (WTI) dropped 58 cents (0.8%) to $70.71. Both benchmarks had […]
Petroleum Daily Report 12-16-2024
Oil futures slipped on Monday, retreating from multi-week highs due to weaker-than-expected consumer spending in China and investor caution ahead of the U.S. Federal Reserve’s interest rate decision. Brent crude fell 58 cents (0.8%) to settle at $73.91 a barrel, while U.S. West Texas Intermediate (WTI) dropped 58 cents (0.8%) to $70.71. Both benchmarks had […]
RIN Recap 12-16-2024
“Whenever you do a thing, act as if all the world were watching.” –Thomas Jefferson On Mobile? Click here to download the PDF
PFL Railcar Report 12-16-2024
“Whenever you do a thing, act as if all the world were watching.” Thomas Jefferson 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 -86.06 points (-0.2%) and closing out the week at 43,828.06, down -814.46 points week-over-week. The […]
Petroleum Daily Report 12-13-2024
Oil prices climbed about 2% on Friday, reaching a three-week high on expectations of tighter supplies from sanctions on Russia and Iran, and optimism that lower interest rates in Europe and the U.S. could boost fuel demand. Brent crude settled at $74.49, up $1.08 (1.5%), while U.S. West Texas Intermediate (WTI) rose $1.27 (1.8%) to […]