• At press time, Brent crude futures settled up $2.32 at $95.99 a barrel, extending a 1.1% rise from the previous session but falling 2.6% on the week. U.S. West Texas Intermediate (WTI) crude futures settled up $2.49, or 2.9%, at $88.96 a barrel, after climbing 0.8% in the previous session but down nearly 4% on the week.
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Rail Traffic Rises, Including Nonmetallic Minerals
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending July 16, 2022. For the week, total U.S. weekly rail traffic was 498,899 carloads and intermodal units, down 2.8% compared with the same week last year.
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