What Does the Future of Energy Look Like?

Last week, the UN’s Intergovernmental Panel on Climate Change (IPCC) reported that some climate change impacts are inevitable, though the worst effects may be avoidable. Several energy companies have announced plans to invest more heavily in renewable energy, but fuel-consuming cars, trucks, and planes continue traveling around the world. How does society reconcile the two? […]

Renewable Diesel – Is It Right for Your Fleet?

Recently, the EIA shared an update on renewable diesel (RD), highlighting a growing transition to the new fuel product. What is renewable diesel, and is it right for your fleet? What Is Renewable Diesel Renewable diesel, also referred to as green diesel, is a relatively new market product that is chemically identical to petroleum-based diesel […]

2021 Hurricane Season to be “Above Average”…Again

Oil trading action is relatively calm this morning, easing from choppy trading earlier this week. Although recent focus has moved to US unemployment claims, Iranian oil hitting the market, and COVID-related restrictions in some countries, there’s still plenty of optimism that demand is recovering. Yesterday, Colorado State University released its first outlook for the 2021 […]

Week In Review – April 9, 2021

After several weeks of volatility, oil prices stabilized this week. Following Monday’s selloff, WTI crude prices consolidated to a narrow $1/bbl trading range. The week began with OPEC+ agreeing to slowly increase its production, phasing in roughly 1 MMbpd of supply over the next three months. Saudi Arabia also announced it would cease its voluntary […]

Should Your Company Move towards Green Fleets?

The fuel industry tends to be seen publicly as a necessary evil. Fuels are dirty, pollute the environment, and make up 26% of U.S. greenhouse gas (GHG) emissions. Fuel companies have a bad reputation, and trucking companies—along with all the other fuel consumers like waste companies, construction, rail, and more—are associated with the negative image […]

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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