
Petroleum Daily Report 3-2-2022
Oil prices surged again today as OPEC+ decided not to boost output further than planned.
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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Oil prices surged again today as OPEC+ decided not to boost output further than planned.

Oil prices were steady today as the US was seen unlikely to sanction Russian oil exports. Ukraine declared a state of emergency today and told its citizens in Russia

Oil prices rallied today, as new sanctions on Russia are causing markets to worry of severe disruptions to oil exports

Oil prices traded down today as the world watches the ongoing battle for Ukraine. The US announced further sanctions on Russia yesterday and today announced direct sanctions on Putin

Oil prices were steady today as the US was seen unlikely to sanction Russian oil exports. Ukraine declared a state of emergency today and told its citizens in Russia

Oil prices were down today, ending the week mixed with WTI snapping its 8 week streak of gains.

Oil prices were lower today, as talks with Iran have reportedly reached the final stages. Tensions with Ukraine/Russia have helped offset losses.

Oil prices had a volatile session, swinging between gains and losses as both contracts closed mixed for the day.

. “The situation is very fluid, but today is definitely a calmer day,” said Robert Yawger, executive director of energy futures at Mizuho.

Oil prices were higher today, hitting new seven year highs again as rhetoric around the Ukraine/Russia situation continues to heat up.