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 […]

Gasoline and Diesel Retail Prices

The EIA released its weekly retail gasoline and diesel prices yesterday. Prices were mixed, with diesel prices mostly rising and gasoline prices falling. Given the precipitous rise in NYMEX prices for both wholesale and gasoline, the mixed results are somewhat surprising. NYMEX gasoline (RBOB) saw gains of roughly 4 cents, while NYMEX diesel (HO) rose […]

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 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 […]

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 have fallen to the $44.50/b-$44.75/b range this morning, following another sharp collapse yesterday. WTI opened at $44.69/b today, a steep drop of $1.25, or 2.72%, below yesterday’s opening price. Current prices are $44.58/b, down by $0.15 from yesterday’s closing price. Diesel opened at $1.410/gallon this morning. This was a significant drop of […]

Today’s Market Trend

WTI crude prices have strengthened to $46.50/b this morning. WTI prices were flattish on Friday, but ended the day up by $0.12/b. The week ended $1.88/b in the red. WTI opened at $45.80/b today, an increase of $0.09, or 0.20%, above Friday’s opening price. Current prices are $46.50/b, up by $0.67 from Friday’s closing price. […]

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 […]

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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