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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Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
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.
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Oil prices closed lower for the day as tensions are emerging within OPEC+. Saudi Arabia and the UAE were unable to come to terms on supply, dissolving the discussions on production increases and initially leading the market to trade higher.
Oil prices closed lower for the day as tensions are emerging within OPEC+. Saudi Arabia and the UAE were unable to come to terms on supply, dissolving the discussions on production increases and initially leading the market to trade higher.
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Brent crude prices rose on Wednesday 34 cents to settle at $74.62 per barrel. WTI gained 49 cents to settle at $73.47 a barrel. US crude stockpiles fell last week for the sixth straight week as refiners increase output