Energy Market Updates

Fuel prices are remaining alarmingly resilient in the last week as the focus has been completely on the Ukraine- Russian “conflict”. Yes, that was the first step in the...

Just like August are the dog days of Summer, February is the dog days of winter. It can be a grind as mother nature lets you know she is still in charge by gifting us...

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...

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...

Front month Distillate prices are now at the year low, retracing all the way back to where we sat last JUNE. Grabbing a slice of Q4 and Q1 gallons at these levels seem...

There are a plethora of factors that move futures markets. Technical factors such as support levels, moving averages, strength indicators. Fundamental factors such as...

In what should have been the start of a nice 3 day pullback yesterday, turned into a resetting of ideas. While not long term positive news, morning reports of Inflation...

The large Crude inventory build yesterday overshadowed the decline in finished products and took the floor out of pricing yesterday.  Crude increased over 12 million barrels, largely due to the limited refinery activity in the past weeks.  Refineries are running at about 80% capacity due to maintenance, cold, and limited demand forecasts.  Fundamentals have pushed aside the risk premium in the last few days.  The Global conflict premium had shot diesel pricing up almost $.40 since the first of the year.  With distillate demand down about 10% compared to the same time last year, it makes refiners walk a tightrope on producing even with margins very high on distillates, in the $41 per barrel range currently.