Oil prices came off significantly today as the Biden administration announced a massive release of strategic petroleum reserves at a time the SPR is at the lowest in years.
Petroleum Daily Report 3-30-2022
Oil prices were up today as volatility remains in full force. Today it was a combination of tight supplies, prospects of new Russia sanctions, and less optimism around the Ukraine/Russia ceasefire talks
Petroleum Daily Report 3-29-2022
Russia promised to reduce its military operations around Kyiv and northern Ukraine; Ukraine proposed adoption of neutral status but
Petroleum Daily Report 3-28-2022
Oil prices tanked today after Shanghai was put on COVID lockdown, with officials closing bridges, tunnels and restricting highway traffic.
PFL Railcar Report 3-28-2022
The reality is, we can produce more natural gas, export more LNG and produce more NGL’s pretty quickly if policies change and executive orders are signed by the President cutting red tape and legal challenges
Petroleum Daily Report 3-25-2022
Click here if viewing from mobile Attending: Curtis Chandler [email protected] 239.405.3365 David Cohen [email protected] 954.729.4774
Petroleum Daily Report 3-24-2022
Oil prices were lower today in a volatile session as it was reported that CPC pipeline would be up and running quicker than anticipated. Sources said oil exports would partially resume today.
Petroleum Daily Report 3-23-2022
Oil prices jumped again today as disruptions to the Caspian Pipeline Consortium are adding concerns to the already tight global supplies. Exports from CPCs Kazakhstan’s terminal stopped fully today after damage from bad weather, and the disruption could take weeks or months to resolve.
Petroleum Daily Report 3-22-2022
Oil prices edged lower today as the EU seems less and less likely to ban Russian oil
Petroleum Daily Report 3-21-2022
. A perfect storm is lining up for a price spike. Russia continues to pound Ukraine into submission and any optimism that a cease fire could happen was swept away today