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Supply, Marketing, Distribution, Transportation & Logistics News & Information
July 2017 Issue

FP Daily

July 21, 2017: Oil Prices Retreating from Mid-Week Highs

Analysis by Dr. Nancy Yamaguchi   Oil prices are retreating from their mid-week highs, and they are approximately back where they began on Monday. On Wednesday and Thursday, prices climbed above $47 per barrel (/b) based on bullish supply data from the Energy Information Administration (EIA). Overnight and early morning trades are showing pre-weekend...

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July 20, 2017: Oil Prices Surge Above $47/b on Bullish EIA Data

July 20, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on July 20, 2017: Oil Prices Surge Above $47/b on Bullish EIA Data

Analysis by Dr. Nancy Yamaguchi   The oil complex received a boost yesterday when the Energy Information Administration (EIA) released the official weekly supply data for the week ended July 14. West Texas Intermediate (WTI) crude prices closed above $47...

July 19, 2017: Oil Prices Ease from Yesterday’s Highs, Awaiting EIA Data

July 19, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on July 19, 2017: Oil Prices Ease from Yesterday’s Highs, Awaiting EIA Data

Analysis by Dr. Nancy Yamaguchi   West Texas Intermediate (WTI) crude oil prices have eased from yesterday’s highs, which reached $46.92 per barrel (/b), but they have managed to maintain levels in the $46.25/b – $46.50/b price neighborhood this...

July 18, 2017: Gasoline Prices Down, Diesel Prices Up

July 18, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on July 18, 2017: Gasoline Prices Down, Diesel Prices Up

Analysis by Dr. Nancy Yamaguchi   The Energy Information Administration (EIA) released its weekly data on diesel and gasoline retail prices for the week ended July 17, 2017. Crude prices have cycled up and down over the past four weeks, leading to ups...

July 17, 2017: Oil Prices Clinging to $46.25/b – $46.50/b After Finishing Last Week Strongly

July 17, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on July 17, 2017: Oil Prices Clinging to $46.25/b – $46.50/b After Finishing Last Week Strongly

Analysis by Dr. Nancy Yamaguchi   Oil prices are clinging to the $46.25 – $46.50 per barrel (/b) price neighborhood this morning in early trading. Last week brought a recovery of slightly over $2/b, which erased the prior week’s losses.   On...

July 14, 2017: Oil Prices Heading for a Week in the Black

July 14, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on July 14, 2017: Oil Prices Heading for a Week in the Black

Analysis by Dr. Nancy Yamaguchi   Oil prices opened above the $46 per barrel (/b) price level this session, and prices have strengthened further in today’s early morning trading. The week appears set to end in the black after last week’s downturn....

July 13, 2017: Oil Prices Hold to $45.50/b Level, with Stock Draws Countered by Rising Production

July 13, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on July 13, 2017: Oil Prices Hold to $45.50/b Level, with Stock Draws Countered by Rising Production

Analysis by Dr. Nancy Yamaguchi   Oil prices held to the $45.50 per barrel (/b) price level, with strong data on inventory drawdowns partly countered by news of expanding crude production in the U.S. and OPEC.   The U.S. Energy Information...

July 12, 2017: Oil Prices Reclaim $45/b – $46/b Territory on Stock Draw News

July 12, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on July 12, 2017: Oil Prices Reclaim $45/b – $46/b Territory on Stock Draw News

Analysis by Dr. Nancy Yamaguchi   Oil prices reclaimed the territory above $45 per barrel (/b) yesterday, and they are currently in the $45.75/b – $46/b range. Prices began to strengthen after two key industry sources released projections of a crude...

July 11, 2017: U.S. Retail Gasoline Prices Rise 3.7 Cents/Gallon During Week Ended July 10

July 11, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on July 11, 2017: U.S. Retail Gasoline Prices Rise 3.7 Cents/Gallon During Week Ended July 10

Analysis by Dr. Nancy Yamaguchi   U.S. retail prices for gasoline rose significantly by 3.7 cents/gallon during the week ended July 10. Prices rose in all Petroleum Administration for Defense Districts (PADDs) except PADD 4, the Rocky Mountain market....

July 10, 2017: Oil Prices Fizzle After Fourth of July Fireworks

July 10, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on July 10, 2017: Oil Prices Fizzle After Fourth of July Fireworks

Analysis by Dr. Nancy Yamaguchi   The last week of June and the days leading up to the Fourth of July holiday brought a strong rally in oil prices, but prices fizzled out after the fireworks. West Texas Intermediate (WTI) crude oil prices sank over...