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Category: Petroleum Daily

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.

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Category: Petroleum Daily

Petroleum Daily

Petroleum Daily Report 5-14-2026

May 14, 2026

Brent crude futures settled up 9 cents, or 0.09%, at $105.72 per barrel, while U.S. West Texas Intermediate crude gained 15 cents, or 0.15%, to close at $101.17. Brent traded as high as $107.13 earlier in the session before giving back most of its gains. Markets remained highly sensitive to developments surrounding the Iran conflict […]

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Petroleum Daily

Petroleum Daily Report 5-13-2026

May 13, 2026

Brent crude settled down $2.14, or 2.0%, at $105.63 per barrel, while U.S. West Texas Intermediate (WTI) crude fell $1.16, or 1.1%, to $101.02. The decline followed a strong rally earlier in the week that had been driven by fading hopes for a durable U.S.-Iran ceasefire and continued supply disruptions in the Gulf region. Markets […]

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Petroleum Daily

Petroleum Daily Report 5-12-2026

May 12, 2026

Brent crude rose $3.56, or 3.42%, to $107.77 per barrel, while U.S. West Texas Intermediate (WTI) gained $4.11, or 4.19%, to $102.18. The move extended Monday’s gains as markets continued rebuilding geopolitical risk premiums tied to the ongoing conflict and the effective closure of the Strait of Hormuz. The latest rally was driven largely by […]

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Petroleum Daily

Petroleum Daily Report 5-11-2026

May 11, 2026

Brent crude settled up $2.92, or 2.9%, at $104.21 per barrel, while U.S. West Texas Intermediate (WTI) crude gained $2.65, or 2.8%, to close at $98.07. During the session, Brent briefly climbed to nearly $106 while WTI moved back above the $100 level. The rebound followed comments from U.S. President Donald Trump, who described the […]

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Petroleum Daily

Petroleum Daily Report 5-8-2026

May 8, 2026

Brent crude settled up $1.23, or 1.2%, at $101.29 per barrel after earlier surging as much as 3% during the session. U.S. West Texas Intermediate (WTI) crude rose 61 cents, or 0.6%, to close at $95.42 per barrel. Despite Friday’s gains, both benchmarks still posted weekly declines of more than 6%. Markets remained highly reactive […]

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Petroleum Daily

Petroleum Daily Report 5-7-2026

May 7, 2026

Brent crude settled down $1.21, or 1.2%, at $100.06 per barrel, while U.S. West Texas Intermediate (WTI) crude slipped 27 cents, or 0.3%, to $94.81. Both benchmarks had fallen by as much as $5 earlier in the session before recovering some losses in late trading following reports of explosion-like sounds near Bandar Abbas, Iran. The […]

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Petroleum Daily

Petroleum Daily Report 5-6-2026

May 6, 2026

Brent crude declined 7.8% to settle at $101.27 per barrel, while U.S. West Texas Intermediate (WTI) fell 7.0% to $95.08. Both benchmarks touched two-week lows during the session, with Brent briefly dropping below $100 for the first time since late April. The selloff was driven by reports that the United States and Iran are nearing a […]

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Petroleum Daily

Petroleum Daily Report 5-5-2026

May 5, 2026

Brent crude fell 4.0% to settle at $109.87 per barrel, while U.S. West Texas Intermediate (WTI) dropped 3.9% to $102.27. The pullback followed a roughly 6% surge on Monday, with analysts pointing to a mix of technical correction and improved sentiment around geopolitical developments. Market pressure came as reports indicated that at least some vessels […]

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Petroleum Daily

Petroleum Daily Report 5-4-2026

May 4, 2026

Oil prices jumped sharply on Monday as renewed military escalation in the Middle East heightened concerns over further disruptions to global energy supply. Brent crude rose 5.8% to settle at $114.44 per barrel, while U.S. West Texas Intermediate (WTI) gained 4.4% to $106.42. The move marked one of the largest daily increases since the ceasefire between […]

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Petroleum Daily

Petroleum Daily Report 5-1-2026

May 1, 2026

Brent crude settled down 2.0% at $108.17 per barrel, while U.S. West Texas Intermediate (WTI) fell 3.0% to $101.94. Earlier in the week, Brent surged to $126.41—its highest level since March 2022—highlighting the elevated volatility in the market. The decline followed reports that Tehran delivered a fresh negotiating proposal via Pakistani mediators, signaling a possible […]

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