
Petroleum Daily Report 6-24-2022
Oil prices settled up today buoyed by tight supply but still logged a decline week over week for the second straight week.
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.
For additional insights into commodity markets or inquiries regarding RIN data, please contact PFL Petroleum at 239-390-2885.
Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.

Oil prices settled up today buoyed by tight supply but still logged a decline week over week for the second straight week.

Oil prices were lower today as demand destruction and rising inflation is keeping markets on edge.

Oil prices were higher today after trading down sharply on Friday.

Oil prices slumped to four week lows today, falling by >6% on worries of demand destruction from rising interest rates.

Oil prices rebounded today despite falling equity markets as the US announced new sanctions on Iran

Oil prices sank today, as markets worried about a fall in demand after a 75 bp rate hike today by the Fed.

Oil prices were lower today as fears of a cool down in financial conditions have been suppressing markets.

Oil was higher today as equity markets nosedived. Oil supplies are tight, with OPEC and allies unable to fully deliver on pledged output increases because of a lack of capacity in many producers,

Oil prices were slightly lower today but still hovered around three month highs.

Oil prices were slightly lower today but still hovered around three month highs. Refiners worldwide have shut facilities, and capacity is tight as well because of reduced activity in Russia.