Brent-WTI spread
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News
Fracking jobs peaked in June; so did flatbed rates
Spot flatbed lanes in the oil field are more volatile and priced at a premium to national averages. They’re closely correlated to fracking activity in…
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News
Today’s Pickup: Electric vehicle adoption could increase fuel tax burden on gasoline vehicle users
Increased electric vehicle adoption could lead to higher fuel taxes; drone deliveries could be a nuisance to neighborhoods; EU believes that the U.K. might vote…
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News
Today’s Pickup: carriers position drivers closer to home
Crude oil crashes; FedEx slashes profit forecasts; Musk unveils Boring Company’s first tunnel; container and petroleum exporters fight at Port of Houston; Fed expected to…
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Economics
Brent-WTI spread widens; crude prices propped up by supply worries
The pipelines taking oil away from the Permian are at capacity, causing a buildup of WTI inventory at the Cushing, OK storage sites and depressing…
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Economics
Crude oil prices rally to a four year high
Brent and WTI prices have reached 4 year highs, and the Brent-WTI spread continues to favor American oil exports on the international market. We explain…
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Canada
Brent rallies, oil market cautious ahead of June 22 OPEC meeting
Oil, which helped drive a rally for stocks Wednesday, began pulling back ahead of U.S. supply data.
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Economics
Brent-WTI spread hits $8.25: bullish signal for flatbed and frac trucking
The Brent-WTI spread has widened considerably to $8.25, a bullish signal for demand for American oil exports and truckload miles.
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Economics
Brent, WTI crude hit 2014 levels on Venezuela, Iran worries
The collapse of Venezuelan oil production and fears of renewed sanctions on Iran are driving oil prices to 2014 levels, but what does that mean…
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