Today’s Market Trend

Analysis by Dr. Nancy Yamaguchi WTI crude prices have returned to the vicinity of $51.50/b after yesterday’s decline. WTI opened at $51.39/b today, a drop of $1.13 from yesterday’s opening price. Prices yesterday even dipped below $51/b for a time. Current prices are $51.58/b, $0.50 above yesterday’s close. Yesterday’s downturn was in response to new […]

Survey: Shippers expect freight volumes to climb in 2017

Commercial Carrier Journal Staff | January 10, 2017 Shippers mostly expect freight movement to grow in 2017, according to a survey of more than 2,200 shippers recently conducted by Averitt Express, one of the country’s largest carriers. Nearly three out of four shippers surveyed said they anticipate shipping volume in 2017 to be greater than […]

Nat Gas News – January 19, 2017

View today’s complete Natural Gas News report In the News  Exxon Mobil buys Bass family holdings in Permian for $6.6 billion Star-Telegram reports: Exxon Mobil is buying 275,000 acres in the booming Permian Basin oil fields from the Bass family for $5.6 billion in stock and $1 billion in contingent cash payouts. The Irving-based oil company said Tuesday […]

Today’s Market Trend

Analysis by Dr. Nancy Yamaguchi WTI crude prices retreated below $52/b this morning on new concerns over crude supply. WTI opened at $52.52/b today, a drop of just three cents from yesterday’s opening price. Price rallied for a time yesterday, but a sell-off eliminated price gains. Current prices are $51.61/b, $0.87 below yesterday’s close. The […]

EIA Gasoline and Diesel Retail Prices Update

Analysis by Dr. Nancy Yamaguchi   The Energy Information Administration (EIA) released its weekly data on diesel and gasoline retail prices for the week ended January 16th, 2017. Both gasoline and diesel prices subsided, breaking a six-week streak of price hikes following the November 30th OPEC meeting. If the current weakening in crude prices continues, […]

Natural Gas News – January 18, 2017

View today’s complete Natural Gas News report In the News  Aliso Canyon natural gas field could reopen after public hearings  89.3 KPCC (Pasadena, CA) report: state oil and gas regulators say they completed a safety review of a Los Angeles gas storage facility where a blowout spewed methane for nearly four months. Based on that, they […]

Natural Gas News – January 17, 2017

View today’s complete Natural Gas News report In the News  ecoRI report: National Grid withdraws controversial pipeline tax  National Grid has ended its controversial plan to charge its electricity customer for natural-gas pipeline projects, aconcept known as the “pipeline tax.” National Grid described the plan as “entering into long-term contracts for natural gas pipeline infrastructure and […]

Today’s Market Trend

Analysis by Dr. Nancy Yamaguchi WTI crude prices have risen above $53/b this morning. WTI opened at $52.55/b today, a drop of $0.50, or 0.94%, from Friday’s opening price. Last week, WTI closed in the red, dropping from $53.75 at Monday’s opening to $52.37 at Friday’s close. Current prices are $53.20/b, $0.83 above Friday’s close. […]

Mansfield Power and Gas Weekly

Analysis by Martin Trotter After disappointing storage data the previous week, demand bounced back, registering a withdrawal of just over 150 bcf for last week’s storage report. The withdrawal, which exceeded some expectations, marked a notable increase in consumer demand week over week and edged storage levels down closer to the 5 year average. While […]

Supply Alert – Western Refining El Paso Fire

By Mansfield’s Supply Team At 10 PM on Thursday, Jan 12, Western Refining reported a fire in South El Paso that caused “only minor damage” to the facility, according to company spokesman Gary Hanson. Residents raised the alarm when they noticed yellow smoke coming from the refinery. The El Paso Fire Department was dispatched twice […]

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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