Understanding Fuel Indices

The oil industry has two main, widely-used fuel indices, Argus Media (“Argus”) and S&P Global Platts (“Platts”). Each of these two companies report daily price assessments for oil products, as well as other commodities, worldwide. These assessments are compiled, throughout the day, of the numerous bulk trades being completed by commodity traders and give refiners, […]

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A Quick Guide to Explaining OPEC

If you have read any of our blogs here at Guttman Energy, you may have noticed the word or acronym OPEC thrown around a handful of times. What exactly does it mean? How long has it been around? Who is a part of OPEC? These are some questions that will be answered today.

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Just Keep on Truckin’

The US economy is growing and so is the population, both of which are leading freight companies of all types to see increased growth in the number and weight of goods shipped around the country. Truck load (TL) freight volumes increased 2.8% in 2017 over 2016 which is far higher in comparison to 2016 versus 2015. […]

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