Dennis K. Burke, Inc. Market Updates

The Situation is Fluid

Written by Mark Pszeniczny | Jul 10, 2025 1:00:00 PM

The situation is fluid.  I believe that to be a perfectly acceptable answer for any question asked of me.  “Dad, can I go to Italy after graduation?”…. The situation is fluid.  “What does your pipeline look like?”  …. The situation is fluid.  It works!    The oil markets are without a doubt one of the most fluid industries in the world.  In what has been a relatively calm week news wise, one would expect that we see some pullback.  Diesel is roughly $.40 higher than the beginning of June,  with the long weekend and somewhat expected Houthis ship attacks, prices have remained elevated. Crude sits right about at the US sweet spot of $67 per barrel.  It appears that OPEC now wants to either capitalize on the price or flood the market to push US producers out.  They unexpectedly announced that they will be increasing output 500m BPD over the next two months. That should have pushed pricing down.  The situation is fluid.  Every segment of business that we touch with has their own fluid pain points to deal with.  Our goal is to not let fuel be one of them for you.