
Petroleum Daily Report 9-7-2022
Oil prices sank today, with Brent settling below $90 for the first time since the war in Ukraine
The Petroleum Daily Report from PFL Petroleum Services LLC provides daily settlement prices for key petroleum commodities, including crude oil (Brent and WTI), natural gas, RBOB gasoline, ULSD, propane, and butane. Each report includes expert market commentary highlighting the key factors and events influencing commodity prices.
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Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.

Oil prices sank today, with Brent settling below $90 for the first time since the war in Ukraine

Oil prices were lower today despite the announcement of OPEC+ production cuts.

Oil prices tumbled more than 3% today, down for the third straight day as the market focus shifts back to the demand side.

Oil prices extended their slide today on bad data out of China and their new restrictions on Covid

Oil prices sank today after a couple strong rallies as OPEC production is not expected to be affected by Iraqi unrest.

Oil prices rallied today, extending last week’s price gains as potential OPEC+ production cuts were front and center.

Oil prices ended the day higher today as the market shrugged off warnings from the Fed about economic pain ahead after initially trading lower

Oil prices traded down today, as investors braced for the possibility of return of Iranian crude.

Oil prices were higher today, but prospects for immediate OPEC+ cuts dimmed.

Oil prices rallied today, buoyed by the prospect of OPEC+ output cuts.