Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
“We make a living by what we get, but we make a life by what we give.” – Winston Churchill Jobs Update Initial jobless claims seasonally adjusted for the week ending July 25, 2026 came in at 197,000, versus the adjusted number of 188,000 people from the week prior, up 9,000 people week-over-week. Continuing jobless […]
Oil prices ended higher on Friday, capping their strongest monthly performance since March as continued disruptions to tanker traffic through the Strait of Hormuz reinforced concerns over global crude supplies. Markets remained focused on shipping activity rather than military developments, with limited vessel movements through key Middle Eastern export routes keeping a significant geopolitical risk […]
Oil prices finished lower on Thursday following a volatile trading session as markets balanced continued military tensions in the Middle East against tentative diplomatic efforts to improve security for regional shipping routes. While geopolitical risks remained elevated, optimism surrounding proposals to strengthen maritime protection in the Red Sea helped ease some supply concerns. Brent crude […]
Oil prices rebounded sharply on Wednesday as renewed military strikes in the Middle East reignited concerns over global oil supplies, while a larger-than-expected decline in U.S. crude inventories provided additional support to the market. The renewed escalation reversed much of the previous session’s losses as traders reassessed geopolitical risks surrounding the region’s critical energy infrastructure. […]
Oil prices extended their recent decline on Tuesday, falling to two-week lows as markets cautiously welcomed the pause in hostilities between the United States and Iran, raising hopes that diplomacy could eventually reduce disruptions to Middle East energy supplies. Despite improving sentiment, uncertainty remained high as negotiations showed little tangible progress and key shipping routes […]
Oil prices declined sharply on Monday, posting their largest daily losses in weeks after the United States paused its air campaign against Iran, raising hopes that renewed diplomatic efforts could eventually ease tensions and restore energy shipments through the Strait of Hormuz. Despite the pullback, uncertainty remained elevated as physical oil flows through the region […]
“It’s not that I’m so smart, it’s just that I stay with problems longer.” – Albert Einstein Ethanol at Argo closed out the day on Monday of last week at $1.90 per gallon, up 1 and ½ of a cent per gallon from the previous Friday’s close. RINS fell hard on Monday of last week […]
“It’s not that I’m so smart, it’s just that I stay with problems longer.” – Albert Einstein Jobs Update Initial jobless claims seasonally adjusted for the week ending July 18, 2026 came in at 187,000, versus the adjusted number of 209,000 people from the week prior, down 22,000 people week over week. Continuing jobless claims […]
Oil prices declined on Friday as reports that China was working to revive U.S.-Iran peace negotiations encouraged profit-taking after crude briefly traded above $100 per barrel earlier in the week. Despite the pullback, both Brent and WTI posted strong weekly gains as ongoing military conflict in the Middle East continued to threaten global energy supplies […]
Oil prices surged above $100 per barrel on Thursday for the first time since May as escalating attacks on energy infrastructure and shipping routes intensified concerns over global oil supplies. Brent crude jumped 7.0% to settle at $100.69 per barrel, while West Texas Intermediate (WTI) gained 6.2% to close at $92.19 per barrel. Brent has […]