Oil Industry Dodges Immediate Tariff Hit with 30-Day Reprieve
The bulk of the Oil Industry was at Defcon 1 on Monday afternoon as 10% Tariffs on Canadian energy products were hours away from taking effect. For much of the Northeast...
The bulk of the Oil Industry was at Defcon 1 on Monday afternoon as 10% Tariffs on Canadian energy products were hours away from taking effect. For much of the Northeast...
After spending the last few weeks on the sidelines, I have found two undeniable truths. First ,my disdain for any network news outlook as a source of meaningful content....
The strength of the futures market since the new year is somewhat perplexing. Many originally thought the ushering in of a new Administration would see pricing continue...
We would have liked to see a nice correction continue after Monday and Tuesdays dip, but the Market Grinch had other plans. Yesterdays bounce higher focused primarily on...
In a whirlwind of news over the past few days, diesel and gasoline prices have risen by over $0.10 each. Over the weekend, the Assad regime in Syria fell after decades of factional fighting. This development is significant, as Syria was Iran's largest ally, and its collapse could exacerbate the already volatile conflicts in the region.
Late last week the focus was strictly on the fear premium associated with increased Russian and Israeli force. Markets have since cooled off as at least one of the...
It’s amazing what the hard times can reveal. Pricing jumped Monday pushing us to the higher end of our current range as new fear arose with the ongoing Russian- Ukraine...
I was out the last few days. Anything happen while I was gone? The elephant in the room is what to expect with a new Administration coming in January. Short term, don’t...
Fuel markets move quicker than the Yankees blowing a 5 run lead. On Monday we thought we were going to continue to reach fresh lows on Diesel pricing as traders sold off...
Future pricing was moderating some until Tuesdays big jump, pushing Diesel futures to the higher end of the current range. The increase came as news that China was...