Energy Market Updates

 Reading an Executive order is very much like watching MobLand, I only understand every other word but I can’t stop watching. The Executive order, was directed to the...

 Ahh… October. Leaves are changing, Yankees in the ALDS, $6 fuel at the gas pumps… What used to be a calm transition month in the Northeast has turned into one of...

 Diesel fuel markets have put their toe in the water of trying to sell off over the last several sessions but are taking longer to materialize. While diesel futures are...

 As Hormuz shipping lanes remain in a state of paralysis, rates to travel through the area are now over a million dollars a day. A year ago, tanker rates were around...

 Forgetting is easy. It wasn’t long ago when we were entirely focused on Russia and what their war with Ukraine meant to the world energy markets. Who could forget when...

 Another week, another $.50 added to distillate pricing. With not a whole heck of a lot left to target within Iran itself, the US has now opted for a “Tanker for Tanker”...

 Most by now get that since this conflict began it has created logistics and finished products problem, not a crude supply problem. Not sitting idly by, Saudi Arabia...

 A fair amount of news is being reported on how much refiners are making on finished diesel, upwards of $100 per barrel. Recall three weeks ago we mentioned this and...

 Fresh highs reached again this week as a peace deal and strait opening remain elusive. It appears now that US once again have been negotiating with a group who has no decision making authority whatsoever. As a 20 year Sales veteran, I feel their pain.

 At least we can find some solace in the fact that diesel pricing has fallen almost $.50 in the past week. Once again, we ride on the downside of the Deal or No Deal wave that has strangled the market.