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.
Brent crude settled at $68.47, up $1.03 (1.5%), and U.S. West Texas Intermediate (WTI) closed at $64.52, up $1.22 (1.9%). Ukraine has intensified drone attacks on Russian export hubs and refineries, disrupting operations at the Primorsk terminal, a key western outlet. Russia’s pipeline operator Transneft warned producers they may have to cut output if damage […]
Oil prices settled higher Monday as Ukrainian drone strikes on Russian refineries and U.S. pressure on NATO allies to halt Russian crude purchases added a risk premium, though gains were modest. Brent crude settled at $67.44, up 45 cents (0.67%), while U.S. West Texas Intermediate (WTI) closed at $63.30, up 61 cents (0.97%). Both benchmarks […]
Brent crude settled at $66.99, up 62 cents (0.93%), while U.S. West Texas Intermediate (WTI) closed at $62.69, up 32 cents (0.51%). Markets initially rallied on reports of the Primorsk attack, which underscored the vulnerability of Russian energy infrastructure and the potential for export disruption. “Those attacks have room to drag down Russian crude and […]
Oil prices fell about 2% on Thursday, slipping to a two-week low as oversupply fears and softening demand indicators outweighed geopolitical risks from the Middle East and Ukraine. Brent crude settled at $66.37, down $1.12 (−1.7%), while U.S. West Texas Intermediate (WTI) closed at $62.37, off $1.30 (−2.0%). The IEA’s monthly report signaled global supply […]
Oil prices climbed nearly 2% on Wednesday, lifted by geopolitical tensions from Israel’s strike in Qatar, Poland’s downing of Russian drones, and fresh U.S. pressure for sanctions on Russian oil buyers, though a bearish U.S. inventory report capped gains. Brent crude settled at $67.49, up $1.10 (1.7%), while U.S. West Texas Intermediate (WTI) closed at […]
Oil prices rose almost 2% on Tuesday after Israel expanded its Middle East campaign with an attack on Hamas leadership in Doha, drawing sharp condemnation from Qatar and other regional powers. Brent crude settled at $66.39 up 37 cents (0.6%), after touching a session high of $67.38. U.S. West TexasIntermediate (WTI) closed at $62.63, also […]
Brent crude settled at $66.02, up 52 cents (0.79%), while U.S. West Texas Intermediate (WTI) closed at $62.26, up 39 cents (0.63%). Both benchmarks had been up more than $1 earlier in the session. Prices fell more than 3% last week, including a sharp 2% drop on Friday after weak U.S. jobs data. OPEC+ agreed […]
Brent crude settled at $65.50, down $1.49 (−2.22%), while U.S. West Texas Intermediate (WTI) closed at $61.87, down $1.61 (−2.54%). The selloff came amid a “perfect storm” of bearish signals, analysts said. U.S. payrolls increased by only 22,000 in August, far below forecasts for 75,000 and down sharply from July’s upwardly revised 79,000. The soft […]
Brent crude settled at $66.95, down 65 cents (−1.0%), while U.S. West Texas Intermediate (WTI) closed at $63.48, down 49 cents (−0.8%). It was Brent’s lowest close since August 20. The EIA reported a 2.4 million-barrel increase in U.S. crude inventories for the week ending August 29, compared with expectations for a 2.0 million-barrel draw. […]
Brent crude settled at $67.60, down $1.54 (−2.23%), while U.S. West Texas Intermediate (WTI) closed at $63.97, down $1.62 (−2.47%). The core eight OPEC+ members are considering another increase in October production quotas, potentially unwinding a second layer of cuts of 1.65 million barrels per day (1.6% of world demand) more than a year ahead […]