PFL Railcar Report 5-11-2026

“No man ever steps in the same river twice, for it’s not the same river and he’s not the same man.” – Heraclitus 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 12.19 points (0.02%), closing out the week at 49,609.16, […]

Petroleum Daily Report 5-8-2026

Brent crude settled up $1.23, or 1.2%, at $101.29 per barrel after earlier surging as much as 3% during the session. U.S. West Texas Intermediate (WTI) crude rose 61 cents, or 0.6%, to close at $95.42 per barrel. Despite Friday’s gains, both benchmarks still posted weekly declines of more than 6%. Markets remained highly reactive […]

Petroleum Daily Report 5-7-2026

Brent crude settled down $1.21, or 1.2%, at $100.06 per barrel, while U.S. West Texas Intermediate (WTI) crude slipped 27 cents, or 0.3%, to $94.81. Both benchmarks had fallen by as much as $5 earlier in the session before recovering some losses in late trading following reports of explosion-like sounds near Bandar Abbas, Iran. The […]

Petroleum Daily Report 5-6-2026

Brent crude declined 7.8% to settle at $101.27 per barrel, while U.S. West Texas Intermediate (WTI) fell 7.0% to $95.08. Both benchmarks touched two-week lows during the session, with Brent briefly dropping below $100 for the first time since late April. The selloff was driven by reports that the United States and Iran are nearing a […]

Petroleum Daily Report 5-5-2026

Brent crude fell 4.0% to settle at $109.87 per barrel, while U.S. West Texas Intermediate (WTI) dropped 3.9% to $102.27. The pullback followed a roughly 6% surge on Monday, with analysts pointing to a mix of technical correction and improved sentiment around geopolitical developments. Market pressure came as reports indicated that at least some vessels […]

Petroleum Daily Report 5-4-2026

Oil prices jumped sharply on Monday as renewed military escalation in the Middle East heightened concerns over further disruptions to global energy supply. Brent crude rose 5.8% to settle at $114.44 per barrel, while U.S. West Texas Intermediate (WTI) gained 4.4% to $106.42. The move marked one of the largest daily increases since the ceasefire between […]

PFL Railcar Report 5-4-2026

“Life is precarious, and life is precious. Don’t presume you will have it tomorrow, and don’t waste it today.” – John Piper. Jobs Update Stocks closed mixed on Friday of last week and higher week-over-week The DOW closed lower on Friday of last week, down -152.87 points (-0.31%), closing out the week at 49,499.27, up […]

Petroleum Daily Report 5-1-2026

Brent crude settled down 2.0% at $108.17 per barrel, while U.S. West Texas Intermediate (WTI) fell 3.0% to $101.94. Earlier in the week, Brent surged to $126.41—its highest level since March 2022—highlighting the elevated volatility in the market. The decline followed reports that Tehran delivered a fresh negotiating proposal via Pakistani mediators, signaling a possible […]