Today’s Market Trend

Crude prices are flat this morning after substantial losses of over $1.60 (3.3%) on Friday. Prices this morning are $47.69, just slightly above the closing price on Friday. Crude markets continue to be affected by refinery outages in the Houston area; Goldman Sachs estimates that 2.2 million barrels per day of refining capacity remain offline […]

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

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 collapsed to just above $43/b this morning. Prices weakened yesterday, closing at $44.20/b. WTI opened at $44.11/b today, a drop of $0.57, or 1.28%, below yesterday’s opening price. Prices dove again in overnight and early morning trading. Current prices are $43.05/b, a significant drop of $1.15 from yesterday’s closing price. WTI […]

Today’s Market Trend

WTI crude prices are in the $44.50/b-$44.75/b range this morning. WTI opened at $44.68/b today, an increase of $0.43, or 0.97%, below Friday’s opening price. Current prices are $44.85/b, up by $0.11 from Friday’s closing price. Last week, WTI closed at $44.74/b, which was down $1.06 for the week. Today’s opening price was the lowest […]

Today’s Market Trend

WTI crude prices are down in the range of $45.40/b-$45.80/b this morning. WTI prices stagnated yesterday and closed at $45.64/b. WTI opened at $45.71/b today, a decline of $0.14, or 0.31%, below yesterday’s opening price. Current prices are $45.70/b, up by $0.06 from yesterday’s closing price. Diesel opened at $1.4225/gallon this morning. This was a […]

Today’s Market Trend

WTI crude prices have dropped to approximately $47.00-$47.50/b this morning. WTI prices languished yesterday and closed at $48.36/b. WTI opened at $48.04/b today, a decline of $0.59, or 1.21%, below yesterday’s opening price. Current prices are $47.39/b, down significantly by another $0.97 below yesterday’s closing price. Diesel opened at $1.5001/gallon this morning. This was a […]

Today’s Market Trend

WTI crude prices have retreated to the $48.50-$48.75/b range this morning. Yesterday brought a rally that reclaimed the $50/b mark for a time, but prices subsided through closing, and they ended up down by $0.27 for the day. WTI opened at $49.65/b today, a decline of $0.28, or 0.56%, below yesterday’s opening price. Current prices […]

Today’s Market Trend

WTI crude prices are in the $49.25-$49.50/b range this morning. WTI opened at $49.93/b today, a significant recovery of $1.18, or 2.42%, above Friday’s opening price. Current prices are $49.40/b, back down by $0.40 below Friday’s closing price. Diesel opened at $1.5621/gallon this morning. This was a recovery of 1.5 cents (0.97%) above Friday’s opening […]

Today’s Market Trend

WTI crude prices have fallen back down into the $50.50-$51.00/b range this morning. WTI opened at $51.25/b today, a drop of $0.19, or 0.37%, below yesterday’s opening price. Current prices are $50.67/b, a continued fall of $0.69 below yesterday’s closing price. Crude and product prices rose and fell overnight, initially rising above closing levels then […]

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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