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.
Oil prices edged lower on Wednesday as rising U.S. fuel inventories and concerns over the economic fallout from U.S. tariffs overshadowed stronger crude draws and some improving demand signals. Brent settled down 19 cents, or 0.3%, at $68.52 per barrel, while U.S. West Texas Intermediate (WTI) fell 14 cents, or 0.2%, to $66.38. EIA data […]
Oil prices dipped slightly on Tuesday as investor anxiety over immediate sanctions on Russian crude faded after U.S. President Donald Trump gave a 50-day deadline for Moscow to end the war in Ukraine. Brent crude settled down 50 cents, or 0.7%, at $68.71 a barrel, while U.S. West Texas Intermediate crude slipped 46 cents, or […]
Oil prices fell over $1 on Monday as traders digested new sanctions threats from U.S. President Donald Trump aimed at buyers of Russian oil, even as broader concerns about tariffs and future demand lingered. Brent crude settled at $69.21 a barrel, down $1.15 or 1.63%, while U.S. West Texas Intermediate (WTI) closed at $66.98, down […]
Oil prices climbed more than 2% on Friday, with Brent settling at $70.36 per barrel (up $1.72, or 2.5%) and WTI at $68.45 (up $1.88, or 2.8%), as the International Energy Agency (IEA) said the market may be tighter than it appears, even as U.S. tariffs and potential new sanctions on Russia drew investor attention. […]
Oil prices dropped sharply on Thursday, with Brent settling at $68.64 per barrel (down $1.55 or 2.21%) and West Texas Intermediate closing at $66.57 (down $1.81 or 2.65%), as investors assessed the potential fallout from U.S. President Donald Trump’s escalating global tariff threats. The market reacted to new tariff warnings, including a proposed 50% duty […]
Oil prices held steady on Wednesday as investors weighed rising U.S. gasoline demand, renewed attacks on Red Sea shipping, and the impact of looming U.S. copper tariffs. Brent crude edged up 4 cents to settle at $70.19 a barrel, while West Texas Intermediate (WTI) crude gained 5 cents to close at $68.38—both little changed from […]
Oil prices rose to two-week highs on Tuesday, driven by a reduced U.S. production outlook, fresh Houthi attacks in the Red Sea, and a surprise move by President Donald Trump to impose steep copper tariffs. Brent crude settled up 57 cents, or 0.8%, at $70.15 a barrel, while U.S. West Texas Intermediate (WTI) gained 40 […]
Oil prices climbed nearly 2% on Monday as signs of robust demand helped markets look past a larger-than-expected OPEC+ production increase for August and persistent concerns over U.S. tariff policy. Brent crude settled $1.28 higher at $69.58 a barrel, up 1.9%, while U.S. West Texas Intermediate (WTI) crude rose 93 cents, or 1.4%, to $67.93. […]
Oil prices eased slightly on Thursday as traders weighed the risk of slower global energy demand stemming from tariff uncertainty, just ahead of a widely anticipated supply boost from OPEC+ producers. Brent crude settled down 31 cents, or 0.45%, at $68.80 a barrel, while U.S. West Texas Intermediate (WTI) crude dropped 45 cents, or 0.67%, […]
Oil prices climbed 3% on Wednesday as geopolitical tensions and fresh trade developments supported a rebound, though gains were capped by an unexpected rise in U.S. crude inventories. Brent crude rose $2.00 to settle at $69.11 a barrel, while U.S. West Texas Intermediate (WTI) also gained $2.00 to end the session at $67.45. The upward […]