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Future markets have gained some momentum in the last few days, adding about $.15 ahead of the long weekend. While there are plenty of happenings to support the increase, ultimately my sense is that most don’t want to go away for three days short in a volatile market. That is, there is a sense that the overall temperature of World has come down a bit from a few weeks ago.
Lets get this straight, because the last three days of 100 degree temps across the region has got me a little foggy. In two weeks’ time, Israel and Iran were involved in...
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...
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 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...
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...
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...
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...
The on again off again foreign policy approach has now reached “ludicrous speed”. In a matter of hours, a delay for Chevron refining operations in Venezuela was granted...
All Markets appear to be on edge as they try to figure out what the actual effect of tariffs would be with Canada and Mexico, if they are ever more than just words. Fuel...