PFL Railcar Report 2-23-2026

“You cannot escape the responsibility of tomorrow by evading it today.” Abraham Lincoln 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 230.81 points (0.47%), closing out the week at 49,625.97, up 125.04 points week-over-week. The S&P 500 closed higher on […]

Petroleum Daily Report 2-20-2026

Brent crude edged higher in late-day short-covering on Friday as investors weighed the risk of potential U.S. military action against Iran, while WTI finished marginally lower in a volatile session dominated by geopolitical uncertainty. Brent settled up 10 cents, or 0.14%, at $71.76 a barrel, while U.S. West Texas Intermediate slipped 4 cents, or 0.06%, […]

Petroleum Daily Report 2-19-2026

Brent crude settled up $1.31, or 1.9%, at $71.66 a barrel, its highest close since late July. U.S. West Texas Intermediate rose $1.24, or 1.9%, to $66.43, the strongest finish since early August. The gains followed Wednesday’s more than 4% rally, as geopolitical risk continued to dominate market direction. Traders pointed to mounting military activity […]

Petroleum Daily Report 2-18-2026

Oil prices surged over 4% on Wednesday as geopolitical tensions re-intensified, with traders pricing in potential supply disruptions tied to U.S.–Iran friction and stalled Russia-Ukraine peace talks. Brent crude settled up $2.93, or 4.35%, at $70.35 a barrel, while U.S. West Texas Intermediate rose $2.86, or 4.59%, to $65.19. Both benchmarks posted their highest settlements […]

Petroleum Daily Report 2-17-2026

Oil prices fell about 2% on Tuesday to their lowest levels in roughly two weeks as signs of progress in U.S.–Iran nuclear talks eased fears of an immediate supply disruption. Brent crude settled down $1.23, or 1.8%, at $67.42 a barrel, while U.S. West Texas Intermediate declined 56 cents, or 0.9%, to $62.33. It was […]

Petroleum Daily Report 2-13-2026

Oil prices finished slightly higher on Friday after a broad slowdown in U.S. inflation helped offset concerns about rising supply and signs that OPEC+ members are considering stepping up production. Brent crude futures rose 23 cents, or about 0.3%, to $67.75 a barrel, while U.S. West Texas Intermediate edged up 5 cents, or 0.1%, to […]

PFL Railcar Report 2-17-2026

“The shoe that fits one person pinches another; there is no recipe for living that suits all cases.” Carl Jung Jobs Update Stocks closed mixed on Friday of last week and lower week-over-week The DOW closed higher on Friday of last week, up 48.95 points (0.10%), closing out the week at 49,500.93, down -614.74 points […]

Petroleum Daily Report 2-12-2026

Oil prices fell sharply on Thursday, reversing earlier gains as data and forecasts pointed to weaker demand and expectations of rising supply. Brent crude settled at $67.52 a barrel, down $1.88 or about 2.7%, while U.S. West Texas Intermediate finished at $62.84, down about $1.79 or 2.8%. The drop came after the International Energy Agency […]