Today’s Market Trend

Crude prices this morning are $44.56, down $.96 (2.1%)from yesterday’s close of $45.52. Crude opened this morning at $45.35, very near it’s $45.65 opening level yesterday, and has been falling for much of the day. Diesel price are $1.451, with a significant loss of $.0313 from yesterday’s close. Prices opened this morning at $1.4775, and […]

Today’s Market Trend

Crude prices are currently $45.88/bbl this morning, down 2.5% from yesterday’s opening price of $47.04/bbl. Yesterday’s price movement ended the 8-day streak of rising prices. Prices opened this morning at $45.65/bbl, slightly higher than yesterday’s close of $45.13/bbl. Diesel prices are $1.4960 this morning, up $.0173 (1.2%) from yesterday’s close of $1.4785. Prices opened this […]

Even as renewables increase, fossil fuels continue to dominate U.S. energy mix

Editor’s Note: Renewable energy has demonstrated impressive growth in recent years; however, renewables still have a long way to grow before they can rival fossil fuels. Renewable energy providing electricity is still unreliable – since weather is unpredictable, fossil fuels must continue providing baseload energy. In electricity, the key barrier to renewable growth is improving […]

Today’s Market Trend

After rising to over $47 on Monday, crude prices have fallen back to $46.55 this morning. Last Friday, crude prices rose over a dollar, from an opening price of $44.89 to a close of $46.04. Monday continued the gains, and prices closed at $47.07. Today, prices are slipping lower on a lack of fundamental news, […]

Today’s Market Trend

WTI crude prices remain in the $45.00/b-$45.50/b range this morning. WTI prices remained stable yesterday, closing at $44.93/b yesterday, four cents up for the day. WTI opened at $44.89/b today, equivalent with yesterday’s opening price. Prices are $45.24/b currently, up by $0.31 from yesterday’s closing price. Diesel opened at $1.4467/gallon this morning. This was an […]

Today’s Market Trend

WTI crude prices have risen to the $45.00/b-$45.50/b range this morning. WTI prices strengthened to a close of $44.74/b yesterday, an increase of over a dollar for the day. WTI opened at $44.89/b today, a significant recovery of $1.19, or 2.72%, above yesterday’s opening price. Prices are $45.32/b currently, up by $0.58 from yesterday’s closing […]

U.S. ethanol production capacity continues to increase

Fuel ethanol production capacity in the United States reached 15.5 billion gallons per year, or 1.01 million barrels per day (b/d), at the beginning of 2017, according to EIA’s most recent U.S. Fuel Ethanol Plant Production Capacity report. Total capacity of operable ethanol plants increased by about 4%—or by more than 600 million gallons per […]

Today’s Market Trend

WTI crude prices remain in the $44.00/b-$44.25/b range this morning. WTI prices climbed as high as $44.44/b yesterday, before subsiding to a close of $44.24/b. WTI opened at $43.70/b today, an increase of $0.21, or 0.48%, above yesterday’s opening price. Prices are $44.09/b currently, down by $0.15 from yesterday’s closing price. Diesel opened at $1.4035/gallon […]

Today’s Market Trend

WTI crude prices have recovered to the $43.75/b-$44.00/b range this morning. WTI prices remained steadily in the $43.23-$43.50/b range yesterday, closing at $43.38/b. WTI opened at $43.49/b today, an increase of $0.33, or 0.76%, above yesterday’s opening price. Prices are trending up, and they have reached $43.94/b currently, an increase of $0.56 from yesterday’s closing […]

Today’s Market Trend

WTI crude prices are in the $43.00/b-$43.50/b range this morning. Prices strengthened modestly on Friday, closing at $43.01/b, which was a gain of $0.21 for the day. The week as a whole nonetheless ended in the red, down by $1.67 between Monday’s opening and Friday’s close. WTI opened at $43.16/b today, up by $0.36, or […]

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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