Energy Market Updates

Important day yesterday in Diesel from a technical perspective as broke through some support levels that have been keeping the summer range in place. Could this be a...

Once again we ended last week with a nice correction only to give it all back so far this week.  Again finding ourselves smack dab in the middle of the summer range.  Forward looking sentiment appears to have fully accepted we might be in for a bear run soon.  A start to an Israeli-Hamas peace deal looks to be on the horizon.  A mixed bag of Inventory data this week that is likely to be corrected due to the shutdown-Distillate demand strangely jumped almost 8% over last year.

Reading or watching the news the last few days, not only wants me to go live in a cave but has me wondering why markets have remained relatively calm. We didn’t start...

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...

Late last week the focus was strictly on the fear premium associated with increased Russian and Israeli force. Markets have since cooled off as at least one of the...

I was out the last few days. Anything happen while I was gone? The elephant in the room is what to expect with a new Administration coming in January. Short term, don’t...

Fuel markets move quicker than the Yankees blowing a 5 run lead. On Monday we thought we were going to continue to reach fresh lows on Diesel pricing as traders sold off...

Welcome to a special Friday edition of the weekly update. It has been a wild week with fuel pricing as we moved out of a comfortable range that was roughly $.20 lower...

Depending upon which news outlet you subscribe to, we are either on the brink of WW3 or about to roast smores around a campfire. Judging by the market direction the last...