Fuel Futures Rally Amid Rate Cuts & Global Events
Fuel Futures continue to rally from last week as many saw a buying opportunity too good to pass up. Diesel pricing is about $.10 higher than a week ago and Gasoline is...
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Fuel Futures continue to rally from last week as many saw a buying opportunity too good to pass up. Diesel pricing is about $.10 higher than a week ago and Gasoline is...
While Diesel pricing is up about a nickel from Tuesday’s low, it comforting to know that we are still down over $.50 since July. It’s a similar story with gasoline...
Diesel pricing sits about $.10 higher than a week ago, suggesting that the 2.30 mark is a key support level. Future pricing will likely remain in a tight range for the...
Last weeks sell off, fueled primarily from a weaker than expected jobs report, once again solidified the bottom of futures pricing. The Unemployment rate rose to 4.3%,...
Several weeks ago I said how I loved the beginning of summer…. We have officially hit the dog days. Grass is burnt, garden needs to be weeded, Yankees are a half game...
Fuel pricing had a nice correction going the last couple of weeks, both gasoline and diesel were down about $.15. That was put on pause yesterday as the focus shifted...
Since early June we have seen diesel prices add over $.30 in value, peaking last week ahead of the holiday. We have peeled off almost half of that increase in last 4...
It is very easy in this business to look back and think “what just happened?” With a relatively calm news cycle the last two weeks, calm in the sense of more of the...
A week ago we mentioned that we might reset to a new low if the three key drivers fell in line. They did just that, for the most part. OPEC+ rolled production status,...
As it has been said, “It’s the same old story, same old song and dance” specifically to the Oil complex. The trident of fundamental influences on the market over the...