
Petroleum Daily Report 9-28-2021
Oil prices declined today after the American Petroleum Institute (API) reported a surprise build in crude inventories
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 declined today after the American Petroleum Institute (API) reported a surprise build in crude inventories

Oil prices continued their rise today, along with financial markets as sentiment is beginning to shift again.

Oil prices rallied today, despite a larger than expected build in gasoline inventories that initially had prices trading lower.

It seems to be a very nervous trade today,” said Phil Flynn, senior analyst at Price Futures group in Chicago. “It’s a little bit of ongoing concerns about the potential impact of demand going forward.”

Oil prices fell in a risk off day that took down risk assets across the board. Markets are tense with a two day Federal Reserve meeting beginning tomorrow and fear of spillover from the chaos in Asian markets.

Oil prices were lower today, as production in the Gulf continues to come back online and computers take profits.

Oil prices were flat today, after rising to multi week highs yesterday

Oil prices rallied today, after a larger than expected crude inventory draw left inventories at two year lows

Oil prices were flat today, as tropical storm Nicholas seems to have done limited damage to US energy infrastructure.

Oil prices are higher today, moving to six week highs as output in the Gulf is returning slower than expected as another storm is hitting Texas.