Energy Market Updates

As predicted, higher tariff rates on China were pushed off until November 10^th cooling off Oil prices thus far this week. Little more bolder prediction…. PATS go 12-5...

Happy Tariff Day! Today is when higher tariff rates on most countries (except Mexico & China who are the two largest) supposably go into effect for goods coming into the...

Coming out of last week, it was relatively quiet news wise that pushed markets to be range bound. This week is the completely different as most can't make heads or tails...

Rangebound is a common term used to describe a market that is confined within a particular space or price range. Looking at the ULSD chart below for the last several...

Energy markets have wavered back and forth the last 10 days as folks try to figure out what the effects of the “Big Bill” will have on segments of the economy. One thing...

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 sell off in Diesel futures recently is welcome news to most as pricing is down roughly $.10 from a week ago. With new demand figures released yesterday showing...

Pricing for the last week has remained somewhat range bound even as the FED has left interest rates unchanged for a third consecutive meeting. Citing “an increased...

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...