PFL Market Intelligence
PFL Market Reports
Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
Latest Market Reports
Railcar ReportRead report →
PFL Railcar Report 7-29-2024
“I’d rather live with a tender heart, because that is the key to feeling the beat of all the other hearts.”– Jenny Slate Jobs Update Stocks closed higher on Friday of last week, but mixed week over week The DOW closed higher on Friday of last week, up 654.27 points (1.64%), closing out the week […]
Petroleum DailyRead report →
Petroleum Daily Report 7-26-2024
Oil prices were lower today finishing the week lower on declining Chinese demand. Data released last week showing that China’s total fuel oil imports, opens new tab dropped 11% in the first half of 2024 have raised concern about the wider demand outlook in China. “Yesterday’s better-than-expected U.S. GDP growth figures initially supported the crude […]
Petroleum DailyRead report →
Petroleum Daily Report 7-25-2024
Oil prices were higher today on stronger than expected US economic data. The Commerce Department showed the US economy growing faster than expected in the 2nd quarter while inflation eased – boosting expectations for a Fed rate cut in September. “The U.S. GDP data implied the economy is humming along in a pretty nice rate,” […]
Petroleum DailyRead report →
Petroleum Daily Report 7-24-2024
Oil prices were higher today supported by large declines in US crude and fuel inventories. Prices snapped a three day losing streak also buoyed in part by Canadian wildfires out west and potential supply risks. US crude inventories fell by 3.7MM/bbls compares to a forecasted draw of only 1.6MM/bbls. Gasoline stocks dropped by 5.6MM/bbls (vs […]
Petroleum DailyRead report →
Petroleum Daily Report 7-23-2024
Oil prices were lower again today falling to six-week lows pushing both benchmarks into technically oversold territory. Diesel futures also settled to their lowest in six weeks with gasoline futures closing at their lowest in five weeks. “Ceasefire negotiations in the Middle East and an uncertain macroeconomic outlook in China are exerting downward pressure on […]
Petroleum DailyRead report →
Petroleum Daily Report 7-22-2024
Oil prices are lower today as investors looked past Bidens presidential exit and focused on weaker demand and increased stockpiles. For now Kamala Harris looks to be the likely nominee. Energy policy will likely be a core debating point between Harris and Trump, but Citi analysts believe neither will promote policies that have an extreme […]
Railcar ReportRead report →
PFL Railcar Report 7-22-2024
“Your own path you make with every step you take. That’s why it’s your path”– Joseph Campbell Jobs Update Stocks closed lower on Friday of last week, but mixed week over week The DOW closed lower on Friday of last week, down -377.49 points (-0.93%), closing out the week at 40,287.63, up 486.63 points week-over-week. […]
Petroleum DailyRead report →
Petroleum Daily Report 7-19-2024
Oil prices dropped significantly on Friday, reaching their lowest levels since mid-June, as investors considered a potential ceasefire in Gaza and a stronger U.S. dollar. Brent crude fell by $2.48, or 2.9%, to $82.63 per barrel, while U.S. West Texas Intermediate crude decreased by $2.69, or 3.3%, to $80.13 per barrel. U.S. Secretary of State […]