
Petroleum Daily Report 3-8-2022
Oil prices surged today as the US banned Russian energy imports and the UK said they will phase them out by the end of the year.
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 today as the US banned Russian energy imports and the UK said they will phase them out by the end of the year.

Oil prices jumped again today, to their highest levels since 2008 as the West considers banning Russian oil imports. “

Oil is back at multiyear highs, surging to close out the week as Russia intensified its invasion of Ukraine. The west has not issued any sanctions directly on Russia’s energy industry but their oil industry is being squeezed nonetheless

Oil prices slid today after hitting decade highs as state department sources claimed they are close to a deal and bringing Iranian crude back to market

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.