PFL Railcar Report 2-2-2026

“The power to question is the basis of all human progress.” – Indira Gandhi Jobs Update Stocks closed lower on Friday of last week and mixed week-over-week The DOW closed lower on Friday of last week, down -179.09 points (-0.36%), closing out the week at 48,892.47, down -206.24 points week-over-week. The S&P 500 closed lower […]

Petroleum Daily Report 1-30-2026

Oil prices edged slightly lower on Friday, consolidating recent gains and holding near six-month highs as persistent tensions between the United States and Iran continued to underpin the market. Brent crude futures settled at $70.69 a barrel, down just 2 cents, or 0.03%, while U.S. West Texas Intermediate finished at $65.21 a barrel, down 21 […]

Petroleum Daily Report 1-29-2026

Oil prices surged about 3% on Thursday to their highest levels in roughly five months as fears mounted that global supplies could be disrupted if the United States takes military action against Iran, one of OPEC’s largest crude producers. Brent futures rose $2.31, or 3.4%, to settle at $70.71 a barrel, while U.S. West Texas […]

Petroleum Daily Report 1-28-2026

Oil prices climbed to their highest levels since late September on Wednesday, supported by rising concerns over Iran, a surprise draw in U.S. crude inventories and a weaker U.S. dollar. Brent crude futures settled up 83 cents, or 1.2%, at $68.40 a barrel, while U.S. West Texas Intermediate rose 82 cents, or 1.3%, to $63.21. […]

Petroleum Daily Report 1-27-2026

Oil prices surged about 3% on Tuesday as a severe winter storm disrupted U.S. crude production and briefly drove Gulf Coast crude exports to zero, tightening near-term supply expectations. Brent crude futures settled up $1.98, or 3.0%, at $67.57 a barrel, while U.S. West Texas Intermediate gained $1.76, or 2.9%, to settle at $62.39. U.S. […]

Petroleum Daily Report 1-26-2026

Oil prices edged lower on Monday after rallying more than 2% in the prior session, as traders weighed temporary U.S. production losses from winter storms against easing supply risks elsewhere and persistent geopolitical uncertainty. Brent crude slipped 29 cents, or 0.4%, to settle at $65.59 a barrel, while U.S. West Texas Intermediate fell 44 cents, […]

PFL Railcar Report 1-26-2026

“Defeat may serve as well as victory to shake the soul and let the glory out.” –Edwin Markham Jobs Update Stocks closed mixed on Friday of last week and lower week-over-week The DOW closed lower on Friday of last week, down -285.30 points (-0.58%), closing out the week at 49,098.71, down -260.62 points week-over-week. The […]

Petroleum Daily Report 1-23-2026

Oil prices finished Friday at their highest levels in more than a week as Washington escalated pressure on Iran with new sanctions and stepped-up military signaling, renewing concerns over potential supply disruptions. Brent crude climbed $1.82, or 2.8%, to settle at $65.88 a barrel, while U.S. West Texas Intermediate rose $1.71, or 2.9%, to $61.07. […]