
Petroleum Daily Report 8-22-2022
Oil prices were mostly flat for the day, after initially trading lower earlier on in the session but trading back up later in the day.
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 were mostly flat for the day, after initially trading lower earlier on in the session but trading back up later in the day.

Oil prices were higher today, but still down for the weak as a stronger dollar and slowing global economy was the theme for this week. USD strength hit a five week high. “Although the oil complex has been able to shrug off a strong dollar on any given session, extended strong dollar trends will pose […]

Oil prices were stronger today, gaining about 3% on positive economic data. WTI traded up $2.39 or 2.7% to close at $90.50.

Oil prices rose today, buoyed by a big drawdown of crude inventories and record crude oil exports

Oil prices were down again today, sinking another 3% as global recession concerns continue to pressure markets.

Oil prices sank today after disappointing Chinese economic data renewed concerns of a global recession.

Oil prices sank today but were still on track for weekly gains despite supply disruptions in the Gulf which are only expected to be short-term.

Oil prices were strong today as OPEC (in contrast with the IEA) lowered its demand forecast for 2022.

Oil prices were higher today, rebounding from earlier losses as lower than expected inflation data helped markets.

Oil prices were lower today in another volatile session.