Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
Oil prices settled more than 2.5% higher on Monday as renewed military action between the United States and Iran revived concerns over global supply disruptions and stalled progress toward reopening the Strait of Hormuz. Brent crude gained $2.39, or 2.71%, to settle at $90.49 per barrel, while WTI rose $2.36, or 2.83%, to $85.76. Brent […]
“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.” – Thomas Edison Open PDF Download PDF Your browser cannot display this PDF. Open the report
“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.” – Thomas Edison Jobs Update Initial jobless claims seasonally adjusted for the week ending August 22, 2026 came in at 203,000, versus the adjusted number of 207,000 people from the week prior, down 4,000 […]
Oil prices settled lower on Friday, with Brent crude falling 0.4% to $89.31 per barrel and WTI declining 0.2% to $83.40, as traders weighed potential Federal Reserve policy changes and growing expectations that an agreement could restore shipping through the Strait of Hormuz. Both benchmarks posted weekly losses, with Brent falling more than 5% and […]
Crude oil prices moved sharply higher on Thursday, snapping a three-session losing streak as fading expectations for a diplomatic breakthrough between the United States and Iran renewed concerns that Middle Eastern oil flows could remain constrained. Brent crude settled up $1.86, or 2.1%, at $89.70 per barrel, while WTI gained $1.30, or 1.6%, to settle […]
Crude oil prices settled lower on Wednesday following a choppy trading session as markets monitored progress in talks between Iran and Oman over the Strait of Hormuz. Brent crude settled down $0.74, or 0.84%, at $87.84 per barrel, while WTI declined $0.13, or 0.16%, to settle at $82.23 per barrel. Both benchmarks fell to their […]
Crude oil prices fell sharply on Tuesday as traders viewed the latest U.S. sanctions campaign against Iran as posing less immediate risk to global oil supplies than a further military escalation. Brent crude fell $3.59, or 3.9%, to $88.58 per barrel, while WTI declined $2.65, or 3.1%, to $82.36 per barrel. Both benchmarks reached their […]
Crude oil prices fell more than 2% on Monday as investors took profits following two consecutive weeks of gains and largely shrugged off newly announced U.S. sanctions targeting Iran and its trading partners. Brent crude settled down $2.22, or 2.35%, at $92.17 per barrel, while WTI declined $2.05, or 2.35%, to settle at $85.01 per […]
“A ship is safe in harbor, but that’s not what ships are for.” — John A. Shedd Jobs Update Initial jobless claims seasonally adjusted for the week ending August 15, 2026 came in at 206,000, versus the adjusted number of 212,000 people from the week prior, down 6,000 people week-over-week. Continuing jobless claims came in […]
“A ship is safe in harbor, but that’s not what ships are for.” — John A. Shedd Open PDF Download PDF Your browser cannot display this PDF. Open the report