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PFL Market Intelligence

PFL Market Reports

Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.

Latest Market Reports

Railcar Report

PFL Railcar Report 5-28-2024

May 28, 2024

“Believe you can and you’re halfway there” – Theodore Roosevelt 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 4.33 points (0.01%), closing out the week at 39,069.59, down -934 points week-over-week. The S&P 500 closed higher on Friday […]

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Petroleum Daily

Petroleum Daily Report 5-24-2024

May 24, 2024

Oil prices rose on Friday, but fell for the week on worries that strong U.S. economic data would keep interest rates elevated for a longer period, curbing fuel demand.  U.S. West Texas Intermediate (WTI) crude futures settled 85 cents, or 1.1%, higher to $77.72.  Worries over Federal Reserve interest rate policy and last week’s bump […]

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Petroleum Daily

Petroleum Daily Report 5-23-2024

May 23, 2024

Oil prices fell for a fourth consecutive session on Thursday and settled at multi-month lows as the prospect of higher-for-longer U.S. interest rates raised worries around demand growth in the world’s biggest oil market. West Texas Intermediate (WTI) crude futures fell 70 cents per barrel, or 0.9%, to close at $76.87 a barrel, a three-month […]

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Petroleum Daily

Petroleum Daily Report 5-22-2024

May 22, 2024

Oil prices slipped today for a third straight day as Fed officials rekindled worries about oil demand by indicating interest rate cuts may be deferred longer than expected. Minutes released today from the Feds last meeting indicated they believe inflation could take longer to ease then previously thought. Crude stocks rose last week by 1.8MM/bbls […]

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Petroleum Daily

Petroleum Daily Report 5-21-2024

May 21, 2024

Oil prices fell today as lingering US inflation looked likely to keep interest rates higher for longer. “The market is very focused on gasoline demand in the U.S. because there are signs that consumers are cutting back because of inflation. Unless that turns around, the market is suggesting things could be a little bleak,” said […]

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Petroleum Daily

Petroleum Daily Report 5-20-2024

May 20, 2024

Oil prices eased today trading down as U.S. Federal Reserve officials said they were awaiting more signs that inflation was declining before the central bank starts cutting interest rates. Two top Fed officials said they’re not yet ready to say inflation trends are again moving sustainably back to the central bank’s 2% target, weighing in […]

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Railcar Report

PFL Railcar Report 5-20-2024

May 20, 2024

“From a small seed a mighty trunk may grow.” – Aeschylus Jobs Update Stocks closed mixed on Friday of last week, but higher week over week The DOW closed higher on Friday of last week, up 134.21 points (0.34%), closing out the week at 40,003.59, up 490.75 points week-over-week. The S&P 500 closed higher on […]

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Petroleum Daily

Petroleum Daily Report 5-17-2024

May 17, 2024

Oil prices settled higher today, with Brent notching its first weekly gain in three weeks as economic indicators from the US and China bolstered hopes for higher demand. Chinas industrial output rose 6.7% year over year as a recovery in its manufacturing sector gained pace. Declines in oil and refined product inventories at global trading […]

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