Today’s Market Trend

WTI crude prices are in the range of $47.50/b-$48.00/b this morning. Prices have been fairly stable, holding to Wednesday’s gains. WTI opened at $47.81/b today, an increase of $0.42, or 0.89%, above yesterday’s opening price. Current WTI prices are $47.83/b, unchanged from yesterday’s closing price. Crude and product prices surged on Wednesday, and they have […]

Today’s Market Trend

WTI crude prices have surged to $48/b this morning. WTI opened at $47.39/b today, a strong recovery of $1.21, or 2.62%, above yesterday’s opening price. Current prices are $48.00/b, an increase of $0.67 above yesterday’s closing price. Product prices also rose strongly yesterday and this morning. Diesel opened at $1.4765/gallon in today’s trading session. This […]

Today’s Market Trend

WTI crude prices are in the range of $46.25-$46.50/b this morning. WTI opened at $46.18/b today, a drop of $0.31, or 0.67%, below yesterday’s opening price. Current prices are $46.33/b, an increase of $0.45 above yesterday’s closing price. WTI crude prices had opened slightly higher on Monday and Tuesday, but prices ebbed yesterday before buying […]

Today’s Market Trend

WTI crude prices remain in the range of $46.00-$46.50/b this morning. WTI opened at $46.49/b today, an increase of $0.14, or 0.30%, above yesterday’s opening price. Current prices are $46.36/b, $0.07 below yesterday’s closing price. WTI crude prices have opened slightly higher for the past two trading sessions. Product prices also have risen in the […]

Today’s Market Trend

WTI crude prices are slightly above $46/b this morning. Friday brought a price rally after two steep price collapses last week. WTI opened at $46.35/b today, up $0.84, or 1.85%, above Friday’s opening price. Current WTI prices are $46.10/b, down $0.12 below Friday’s closing price. Last week ended nearly $3/b in the red despite Friday’s […]

Today’s Market Trend

WTI crude prices are down to approximately $45.25/b this morning after a sharp collapse yesterday. Another sharp collapse overnight is being moderated by some morning buying. WTI opened at $45.51/b today, a major drop of $2.09, or 4.39%, below yesterday’s opening price. Current WTI prices are $45.23/b, down $0.29 below yesterday’s closing price. Both crude […]

Today’s Market Trend

WTI crude prices have spiraled below $47/b range this morning. Prices yesterday trended generally down, closing at $47.82/b. WTI opened at $47.60/b today, a drop of $0.52, or 1.08%, below yesterday’s opening price. Current prices are $46.79/b, a hefty drop of $1.03 below yesterday’s closing price. Prices at the moment are as low as they […]

California Proposes Increases in Fuel and Vehicle Taxes to Fund Transport Facilities

“I like to pay taxes. With them, I buy civilization”   —Said No One Ever Admittedly, the “Said No One Ever” part was added by the author. The quote is accepted as a paraphrase of “Taxes are what we pay for a civilized society,” written by U.S. Supreme Court Justice Oliver Wendell Holmes, Jr., in a […]

Today’s Market Trend

WTI crude prices have fallen below $48/b this morning. A sharp drop in prices yesterday brought the market to a close of $47.66/b, the lowest closing price since March 21st, six weeks ago. WTI opened at $48.12/b today, a drop of $0.66, or 1.35%, below yesterday’s opening price. Current prices are $47.77/b, a recovery of […]

Today’s Market Trend

WTI crude prices are slightly below $49/b this morning. Prices are essentially unchanged from yesterday, though early morning trading brought a price spike to $49.26/b, which then subsided. WTI opened at $48.78/b today, a drop of $0.39, or 0.79%, below yesterday’s opening price. Current prices are $48.89/b, $0.05 above yesterday’s closing price. WTI crude 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.

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