Strait Risk and Soaring Futures: Impact of the Israel-Iran War
With the markets only trading electronically today for the Holiday, it is still finding a way to tack on about $.06 to the ULSD futures. We currently sit almost $.60...
Energy Market Updates
Posts by:
Mark Pszeniczny
Market Volatility Surges as Ukraine Strikes Deep and US-China Trade Tensions Escalate
The big jump in futures earlier in the week came after the world saw that Ukraine still has a lot of fight left in the ongoing Russian war. Using what is considered “low...
Oil Futures Surge Amid Federal Trade Court Ruling on Tariffs
Oil futures jumped late yesterday and continue to rise early this morning on news that a Federal Trade Court has ruled the Administrations use International Tariffs does...
Distillates Down, Tonnage Down, Tariffs Up: What’s Fueling the Diesel Drop
The sell off in Diesel futures recently is welcome news to most as pricing is down roughly $.10 from a week ago. With new demand figures released yesterday showing...
The Oil Market Jenga: New Moves, Old Risks
The massive JENGA puzzle commonly referred to as the Oil Market has seen several layers added on top in the last week. Only to wake up today to a shaky future. Diesel...
Stable Rates, Shifting Needs: Why Support Still Matters
Pricing for the last week has remained somewhat range bound even as the FED has left interest rates unchanged for a third consecutive meeting. Citing “an increased...
Fuel Solutions for Timely Construction Deliveries
Fuel Solutions for Timely Construction Deliveries
In the construction industry, the swift and reliable delivery of materials is just as crucial as the construction work itself. Fuel, in particular, plays a vital role in keeping projects on track and ensuring machinery operates smoothly. Let's explore how efficient fuel delivery services can be the backbone of successful construction projects.
Tariff Exemptions and Weak Demand Drive Diesel Downward
In the last four days Diesel futures have fallen harder than Shedeur Sanders on draft day. Losing about $.14 in value this past week, we mentioned that the focus would...
Trade War of Attrition and the Real Quest: Stability & Reliability
Front month diesel prices are starting to claw their way back from yearly lows posted earlier in the month. Sitting about $.10 higher than 2 weeks ago, all focus is...
Market Uncertainty Keeps Pricing Subdued
Gasoline and Diesel pricing is roughly a dime off the lows of last week. In normal times ( I thought we were done saying that) with the bullish factors of slowing world demand, a weak US dollar, and additional Iranian sanctions, we would have seen future pricing jump $.20 ahead of a long trader weekend.