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Distillate pricing now sits almost $.60 more than the first of the month. A dramatic rise fueled by renewed pressure on Iran, Cold covering half the country, a massive east coast storm and a surprise pause in Interest rates.
My mother always said “some things are better left unsaid”. Topics like Religion, your In-laws cooking, or desire to annex Greenland. Typical stuff. As the week started,...
It’s always the final mile, the last yard, in our case, the last $.15 that is the toughest. Coming off of the Holiday break, the collapse of futures has eased somewhat....
Still waiting for the feather to start dropping. The last several sessions, this morning included, has seen oil markets strengthen. We are now at highs not seen since...
What a difference a week makes! Last week we were all feeling pretty good, wars were ending, pricing was falling, trade talks were on the horizon….. This week’s complete...
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...
The bulk of the Oil Industry was at Defcon 1 on Monday afternoon as 10% Tariffs on Canadian energy products were hours away from taking effect. For much of the Northeast...
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...
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...
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...