
Petroleum Daily Report 7-22-2021
Oil prices had another strong session today, shrugging off yesterday’s crude inventory build, rising cases of the Delta variant, and increased OPEC+ production
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 had another strong session today, shrugging off yesterday’s crude inventory build, rising cases of the Delta variant, and increased OPEC+ production

Oil prices rallied today despite a surprise build in Crude inventories, the first in 8 weeks. Analysts were expecting a draw of upwards of 4MM/bbls, yet

Oil prices rebounded today in a strong session but pared gains afterhours when the API released its crude inventory numbers.

Oil prices tanked today as cases of the Covid 19 Delta variant are rising across the globe and the market sees rising supply following an OPEC+ deal to restore production

Oil prices were up slightly today, but still down big week over week after a few rocky trading sessions. This is the biggest weekly loss since March as rising Covid-19 threatened

Oil prices were lower again today, as investors are bracing for higher supplies on the back of an OPEC compromise agreement. The UAE wants any production cuts post April 2022 to have a higher baseline production number

Oil prices came off today as Saudi Arabia and the UAE have reached a compromise on the UAE increasing its baseline production. Sources say this should pave the way for the group to reach a deal on outp

Oil prices rose today as expectations of a further draw in inventories supported prices. Crude inventories have been on the decline for 7 weeks, now below pandemic levels in a

Oil prices came off today as economic concerns and Covid spread are outweighing bullish fundamentals.

Click here if viewing from mobile The PFL July 4th Firework Celebration