WTI

Overall, there will be lower rail volume levels continuing into the first quarter of 2021.

Brent and WTI refer to indexes that measure the price of oil

It’s hard to see a structural recovery in natty gas prices.

Halliburton, Schlumberger Limited, and Basic Energy Services have seen their stock prices decimated by weak demand and a fierce price war.

WTI’s recovery this quarter should accelerate production in the Permian Basin, driving further truckload demand.

Lower WTI prices mean slower pipeline construction and more pressure on crude-by-truck.

Gig economy companies contend with Supreme Court ruling that mandates full time workers to be considered as employees and not contractors; oil supply reduces after Saudi Arabia’s drastic production cut; government shutdown strains supply chains across the country.

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 the Permian Basin, which is why we keep a close eye on oil prices and production.

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 make a ‘dovish hike’ today.

DHL’s advent into warehouse automation; India struggles with air pollution as coal consumption increases; WTI rates in danger of falling further.