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Today’s Market Trend

After a huge rally for fuel products on Friday that reversed the week’s losses, oil markets have lost their enthusiasm. Prices are adjusting lower this morning as traders take their profits and exit the market. Although crude prices could not completely reverse their losses for the week, Friday did[…]

This article is part of Crude Gasoline Diesel Today's Trend

Today’s Market Trend

Oil prices are seeking higher ground this morning, looking ahead to a holiday week next week when volumes will be light. Oil markets gained back some of the losses they took earlier in the week, with markets up 85 cents (1.5%) after trading flat/slightly lower all day yesterday. Prices are back[…]

This article is part of Crude Gasoline Diesel Today's Trend

Today’s Market Trend

Oil markets picked up some small gains yesterday, though nowhere near as much as they lost on Tuesday, following an EIA report that was less dramatic than the API report. Crude prices managed to pick up 27 cents yesterday, though prices once again trended lower early this morning. Prices have[…]

This article is part of Crude Gasoline Diesel Today's Trend

Today’s Market Trend

After heavy losses yesterday following the IEA’s bearish report, oil markets are continuing their turn downward. Crude prices yesterday gave up just over $1/bbl yesterday, sinking back down to the $55 range. Prices are continuing their losses this morning, down 60 cents (1.1%) to $55.10.

This article is part of Crude Gasoline Diesel Today's Trend

Today’s Market Trend

Oil prices are down across the board this morning, driven by bearish data coming from the International Energy Agency (IEA) this morning. After shedding a quarter on Monday, WTI crude prices are down again by 29 cents, trading at $56.47. Prices have been trending in the $56-57 range for the past[…]

This article is part of Crude Gasoline Diesel Today's Trend

Today’s Market Trend

Oil markets let off some steam on Friday; crude closed with small losses that caused prices to dip below $57/bbl. Markets are unchanged this week, continuing the relatively flat movements seen last week. Prices are up just 9 cents currently from Friday’s closing cost, failing to regain the $57[…]

This article is part of Crude Gasoline Diesel Today's Trend

Today’s Market Trend

Oil markets are trading flat this morning, unable to move higher but also stubbornly avoiding a return to lower levels. After opening below $57 yesterday, prices picked up 32 cents (0.6%) to close the day at $57.17. Crude prices this morning are currently unchanged from yesterday’s closing price.

This article is part of Crude Gasoline Diesel Today's Trend

Today’s Market Trend

After a huge gain in oil prices on Monday, markets posted some small losses yesterday amid profit taking. Crude prices, which opened the week at $55.97, lost just seven cents yesterday to close at $57.20. Today, after seeing prices drop in the morning, crude prices have rebounded and are slightly[…]

This article is part of Crude Gasoline Diesel Today's Trend

Today’s Market Trend

Oil markets have leveled off, with crude oil trading flat this morning after a strong rally late Friday afternoon. Crude markets opened at $55.97 this morning, which was the highest opening price in more than two years; you’d have to look back to July 2015 to find higher prices. Crude prices are[…]

This article is part of Crude Gasoline Diesel Today's Trend

Today’s Market Trend

The oil complex saw mixed results after a somewhat disappointing EIA report. Crude prices fell 35 cents yesterday, as the EIA confirmed a smaller than expected draw this past week. Crude is trading mostly flat this morning, lossing another 9 cents (.07%) this morning, bringing prices to $54.21.

This article is part of Crude Gasoline Diesel Today's Trend

Daily Commodity Report

COMMODITYLASTCHANGE
CRUDE$52.27▼0.35
NO.2 DSL$1.8694▼0.0192
GASOLINE$1.3796▼0.0061
NAT. GAS$3.10▲0.120
CBOT ETHANOL$1.2751▼0.0003
UPDATED01/24/19 - 8:57 a.m.

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