Storm Alert – September 23, 2020 – Code Green for all markets

Tropical Storm Beta has been downgraded to a tropical depression. The storm dropped as much as a foot of rain in some areas and caused flooding in Houston and parts of Louisiana. The remnants of the storm are expected to continue to track along the Texas Gulf Coast through Wednesday and move over Louisiana and Mississippi […]

Storm Alert – September 22, 2020 – Tropical Storm Beta- Code Orange

Tropical Storm Beta made landfall on Monday night along the middle Texas coast near the Matagorda Peninsula. Beta is moving slowly as it tracks directly along the Texas coastline. The system will bring heavy rain, storm surge, and possible flooding from the northern Texas coast to Louisiana over the next few days. In response to the storm, both […]

Storm Alert – Hurricane Teddy & TD 22 – Code Yellow – September 18, 2020

Hurricane Teddy is currently making its way toward Bermuda. Tropical Depression 22 is developing in the Gulf of Mexico and will likely strengthen as it wanders in the western Gulf through early next week. Mansfield is tracking both disturbances as well as several others in the Atlantic. Mansfield will keep you informed of further developments as […]

Hurricane Sally – Code Orange – September 16, 2020

Hurricane Sally made landfall early this morning near Gulf Shores, AL as a category 2 hurricane with sustained winds of 105 mph. The storm is currently battering the Alabama coast and the Florida Panhandle. Sally is a slow moving storm and has already dropped 15 inches of rain in some areas and may drop up to 35 inches […]

September 15, 2020 – Hurricane Sally – Code Orange

Hurricane Sally has developed into a strong category 1 hurricane  with sustained winds of 90 mph. It is currently south-southeast of Biloxi, MS and is expected to make landfall on Wednesday along the Mississippi, Alabama, and Florida panhandle vicinity. Flooding rains, high winds, and dangerous storm surge are expected in those coastal areas.  Tropical-storm-force winds […]

Tropical Storm Sally – Code Orange

Tropical Storm Sally is expected to make landfall in Louisiana Tuesday morning as a Category 1 hurricane. The storm quickly developed into a tropical storm over the weekend, and further strengthening is possible. Sally is moving slowly and will bring over a foot of rain to some areas along with dangerous storm surge. The region […]

Storm Alert – Hurricane Laura – Code Orange for Louisiana and Arkansas

Hurricane Laura made landfall at 1am this morning in Cameron, Louisiana as a Category 4 storm. The storm has weakened to a Category 2 as it moves northward at a rapid clip up the Louisiana-Texas border; it will weaken to a tropical storm over Arkansas. Laura’s most devastating effect were its wind speeds and storm […]

Storm Alert – Hurricane Laura – Code Orange

Hurricane Laura continues strengthening as it hurdles towards the border between Texas and Louisiana. Currently a Category 3 storm, Laura is expected to strengthen into a Category 4 Catastrophic Storm with maximum sustained winds potentially surpassing 130 mph. Landfall is set to occur overnight between Port Arthur, TX and Lake Charles, LA – both areas […]

Oil Hits 8-Month High after US Kills Iranian General

Yesterday, we said that 2020 will have a hard time living up to the geopolitical drama of last year. We may have spoken too soon. Oil prices are soaring higher this morning following a US military strike on Iranian General Qasem Soleimani in Iraq last night. Crude oil prices are up by more than $2/bbl […]

Markets Unchanged on Little News

Crude is down in early trading this morning.  Crude is currently trading at $58.89, a loss of 13 cents. Fuel prices are relatively flat but mixed.  Diesel is trading at $1.9468, a fractional gain.  Gasoline is trading at $1.6505, a fractional loss. Yesterday, crude traded both sides of unchanged as markets wait for the looming […]

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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