PFL Railcar Report 1-5-2026

“Prepare for the unknown by studying how others in the past have coped with the unforeseeable and the unpredictable.”-George S. Patton Jobs Update Stocks closed mixed on Friday of last week, but lower week-over-week The DOW closed higher on Friday of last week, up 319.10 points (0.66%), closing out the week at 48,382.39, down -328.58 […]

Petroleum Daily Report 1-2-2026

Oil prices edged lower on the first trading day of 2026, extending last year’s steep losses as investors continued to weigh persistent oversupply concerns against ongoing geopolitical risks. Brent crude settled down 10 cents at $60.75 a barrel, while U.S. West Texas Intermediate eased by the same amount to $57.32. Markets opened the year cautiously […]

Petroleum Daily Report 12-31-2025

Oil prices ended the year on a weaker note, capping a sharp annual decline as expectations for a sustained global oversupply outweighed a year dominated by geopolitical conflict, sanctions, and shifting trade policy. Brent crude finished the final trading session of the year at $60.85 per barrel, down 0.8% on the day, while U.S. West […]

Petroleum Daily Report 12-30-2025

Oil prices were little changed after a volatile Tuesday session as traders balanced fading expectations for a Russia–Ukraine peace agreement against rising geopolitical tensions in the Middle East, particularly around Yemen. Brent crude for February delivery edged slightly lower to $61.92 per barrel, while U.S. West Texas Intermediate settled at $57.95. The market consolidated after […]

Petroleum Daily Report 12-29-2025

Oil prices climbed more than $1 a barrel on Monday, supported by rising geopolitical tensions tied to Russia, Ukraine and the Middle East, as traders reassessed near-term supply risks. Brent crude gained $1.30, or 2.1%, to settle at $61.94 a barrel, while U.S. West Texas Intermediate rose $1.34, or 2.4%, to $58.08. The move higher […]

PFL Railcar Report 12-29-2025

“You can’t cross the sea merely by standing and staring at the water.” – Rabindranath Tagore Jobs Update Stocks closed lower on Friday of last week, but higher week-over-week The DOW closed lower on Friday of last week, down -20.19 points (-0.04%), closing out the week at 48,710.97, up 576.39 points week-over-week. The S&P 500 […]

Petroleum Daily Report 12-26-2025

Oil prices fell sharply on Friday, sliding more than 2% as concerns about a deepening global supply surplus outweighed recent geopolitical support. Brent crude declined $1.60, or 2.6%, to $60.64 a barrel, while WTI dropped $1.61, or 2.8%, to $56.74. Despite a rebound earlier in the week, both benchmarks remain on pace for their worst […]

Petroleum Daily Report 12-24-2025

Oil prices settled marginally lower, as investors weighed strong U.S. economic growth against persistent supply risks from Venezuela and Russia. Brent crude slipped 14 cents, or 0.2%, to $62.24 a barrel, while WTI eased 3 cents, or 0.1%, to $58.29. Despite the pullback, both contracts have rebounded roughly 6% since mid-December following a sharp selloff. […]

Petroleum Daily Report 12-23-2025

Oil prices settled modestly higher as markets balanced stronger-than-expected U.S. economic growth against mounting risks of supply disruptions from Venezuela and Russia. Brent crude rose 31 cents, or 0.5%, to $62.38 a barrel, while WTI gained 37 cents, or 0.6%, to $58.38. The move extended Monday’s rally, when Brent posted its biggest daily gain in […]