Today’s Market Trend

WTI crude prices are back above $48/b this morning, though prices are trending back down. Yesterday, prices were mainly in the vicinity of $47.50/b, recovering above $48/b as the session went on. WTI prices opened at $48.15/b today, just one penny below yesterday’s opening. Since then, prices have weakened. WTI prices are $48.06/b currently, still […]

Today’s Market Trend

WTI crude prices have dropped down into the $47.50-$48/b range this morning. Yesterday brought a brief rally back above $48.50/b, based largely on news of continued OPEC commitment to production cuts, but prices dropped to close at $47.34/b. After hours buying brought WTI to an opening at $48.16/b today, an increase of $0.23 above yesterday’s […]

U.S. biomass-based diesel imports increase 65%, set new record in 2016

Source: EIA. Principal contributors: Steve Hanson, Sean Hill U.S. imports of biomass-based diesel, which include biodiesel and renewable diesel, increased by 65% in 2016 to reach a record level of 916 million gallons. Increasing Renewable Fuel Standard (RFS) targets and the recently expired biodiesel blender’s tax credit were strong drivers of biomass-based diesel demand in […]

Today’s Market Trend

by Dr. Nancy Yamaguchi WTI crude prices have continued to fall, and they are in the range of $48.00-$48.50/b this morning. WTI opened at $48.45/b today, a major drop of $1.16 below Friday’s opening price. Current prices are $48.30/b, a drop of $0.19 below Friday’s yesterday’s close. Prices have been stable in this range overnight, […]

Today’s Market Trend

by Dr. Nancy Yamaguchi WTI crude prices have just crashed below $48/b. Prices remained stable in the $48.00-$48.50/b range through yesterday and overnight. This morning, they weakened to the low end of this range this morning, and they broke through $48/b just at the time of this newsletter. WTI opened at $48.45/b today, identical to […]

Today’s Market Trend

by Dr. Nancy Yamaguchi WTI crude prices have rallied back above $48.50/b this morning. Yesterday, prices slumped well below $48/b, even threatening to crash below the $47/b floor. News of a surprise crude stock draw stopped the descent, and the market closed at $47.72/b. WTI opened at $48.76/b today, up $0.31 from yesterday’s opening. Current […]

Today’s Market Trend

by Dr. Nancy Yamaguchi WTI crude prices are back above $49/b this morning, after continuing to recover in early trading. WTI opened at $49.01/b today, up $0.25 from yesterday’s opening. Current prices are $49.27/b, an increase of $0.41 above yesterday’s closing price. Diesel opened at $1.5133/gallon in today’s session. This was a small recovery of […]

Today’s Market Trend

by Dr. Nancy Yamaguchi WTI crude prices are ascending once again, heading toward $49.00/b this morning. WTI opened at $48.79/b today, a drop of $0.22 below yesterday’s opening price. Current prices are $48.95/b, a recovery of $0.20 above yesterday’s close. The oil complex is trending back up this morning. Diesel opened at $1.5046/gallon in today’s […]

Today’s Market Trend

by Dr. Nancy Yamaguchi WTI crude prices have retreated below $48.00/b this morning. WTI opened at $48.70/b today, a small drop of $0.09 below Friday’s opening price. Current prices are $47.98/b, a significant drop of $0.80 below Friday’s close. Diesel opened at $1.5117/gallon in today’s session. This was an increase of 0.71 cents from yesterday’s […]

Today’s Market Trend

WTI crude prices have just crashed below $48/b. Prices remained stable in the $48.00-$48.50/b range through yesterday and overnight. This morning, they weakened to the low end of this range this morning, and they broke through $48/b just at the time of this newsletter. WTI opened at $48.45/b today, identical to yesterday’s opening. Current prices […]

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.

Sign up for FUELSNews for daily market information and insights
Sign Me Up
Give Us a Call Today

We are happy to discuss your business challenges over the phone and answer any questions.

800.695.6626

Send Us an Email

Ask your toughest questions. We'll get back to you with the best answer humanly possible.

Send Email

Find a Mansfield Location

Need to contact a specfic office? View contact information for offices across the country.

View Locations

Get a Quote Today

Let us know what type of fuel or service you need and a team member will get a quote to you quickly.

Get a Quote