Today’s Market Trend

Crude prices this morning are $46.63, up 1.2% from yesterday’s close. Crude opened at $46.08 today, $.64 higher than yesterday’s opening price. Interestingly, today’s price broke through the 50-day moving average price of $46.54, which is an indicator of bullish market sentiment. Diesel price are $1.5105, with a significant loss of $.0188 from yesterday’s close. […]

Weekly Price Review

After a slow start comprised of daily up-down-up movement, prices this week have risen higher amid a falling dollar and inventory stock draws. Prices have risen from an opening price of $44.35 on Monday to over $46 today, a gain of around $2/bbl, or around 4.5%. Prices have been range-bound in recent weeks, hovering in […]

Nat Gas News July 14, 2017

Nat Gas News July 14, 2017 PSC approves sale of Delta Natural Gas to PNG Lane Report reports: The Kentucky Public Service Commission (PSC) has approved the sale of Delta Natural Gas Co. to PNG Companies LLC. Delta is headquartered in Winchester and serves about 39,000 customers in 23 counties in Eastern and Central Kentucky. […]

Today’s Market Trend

Crude prices are currently $45.46/bbl this morning, down .7% from yesterday’s closing price of $45.49. Prices reached a high yesterday of $46.48 following the EIA inventory report, followed by a less enthusiastic response to high production data and falling demand. Prices opened this morning at $45.44/bbl, 30 cents lower than yesterday’s opening price. Diesel prices […]

Crude Inventories Are Lower Than You Think

Ever since OPEC announced their cuts in November 2016, markets have grown increasingly reliant on oil inventories to dictate overall market sentiment, giving markets a push one direction or another. With yesterday’s reported crude inventory draw of 7.5 MMbbls, the largest stock draw of the year, the downward price pressure seen earlier this week has […]

Nat Gas News July 13, 2017

Nat Gas News July 13, 2017 Agency Report Projects U.S. Natural Gas Exports Will Quadruple This Year Morning Consult reports: A government report on Tuesday forecast U.S. liquefied natural gas exports will quadruple this year, a projection that could bolster the Trump administration’s promotion of American “energy dominance.” Gross LNG exports are expected to average […]

Today’s Market Trend

Crude prices this morning are $46.05, picking up some notable gains this morning. Crude opened this morning at $45.74, and have edged higher throughout the morning. Prices ended the day roughly $.50 higher than their opening yesterday, ending at $45.04. Prices have risen over a dollar from yesterday’s close, a rise of 2.24%. Diesel price […]

B5 – It’s Just Diesel

Truck operators are faced with a number of fueling choices – should you use conventional diesel #2, renewable diesel, or one of the varying blends of biofuels, ranging from B5-B20, or evem B99. Fortunately, one concern that customers have really shouldn’t be concerning at all – consuming B5 fuel instead of “normal” diesel fuel. Whenever […]

This article is part of Diesel

Nat Gas News July 12, 2017

Nat Gas News July 12, 2017 The Largest Clean Coal Power Plant In America Turns To Natural Gas Forbes reports: Last week, Southern Company and Mississippi Power announced that they would be turning their clean coal power plant project into a natural gas power plant. The company’s Kemper County Power Plant in rural Mississippi was […]

Today’s Market Trend

Crude prices this morning are $43.98, having shed the gains the market put up yesterday. Crude opened this morning at $44.58, slightly higher than yesterday’s opening price of $44.35. Yesterday the market fell to $43.65, before traders bid the price up to $44.84, closing at $44.40. Prices are now just under 1% lower than yesterday’s […]

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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