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 extended their gains for a third straight session on Thursday, driven by drawdowns in U.S. gasoline and distillate inventories and ongoing supply concerns in Russia. Brent crude settled up 44 cents (0.58%) at $76.48 per barrel, while WTI rose 32 cents (0.44%) to $72.57 for March delivery. The more-actively traded April WTI contract […]
Oil prices closed at their highest level since February 11, 2025 on supply concerns in Russia and the U.S., while the market awaited clarity on sanctions amid U.S.-led peace talks on Ukraine. Brent crude rose 20 cents (0.3%) to $76.04 per barrel, and WTI climbed 40 cents (0.6%) to $72.25 per barrel. Supply risks remain […]
Oil prices settled higher on Tuesday, driven by supply disruptions in Russia and the U.S., while talks to end the war in Ukraine limited gains as a peace deal could ease sanctions on Russian crude. Brent crude rose 62 cents (0.8%) to $75.84 per barrel, while WTI climbed $1.11 (1.6%) to $71.85 per barrel, catching […]
Oil prices settled lower on Friday, as optimism over Russia-Ukraine peace negotiations suggested potential relief from sanctions on Moscow, which could increase global energy supplies. Brent crude fell 28 cents (0.37%) to $74.74 per barrel, while WTI dropped 55 cents (0.77%) to $70.74. Despite the daily losses, Brent finished the week with a slight 0.11% […]
Oil prices remained largely steady on Thursday, recovering from earlier losses of more than 1%, as ongoing Russia-Ukraine peace talks weighed on prices, but optimism over a potential pause in new U.S. tariffs provided support. Brent crude futures were down 2 cents (0.02%) at $75.16 per barrel, while WTI gained just 1 cent (0.1%). The […]
Oil prices fell over 2% on Wednesday after U.S. President Donald Trump took initial steps toward diplomacy to resolve the Ukraine war.. Brent crude settled down $1.82 (2.36%) at $75.18 per barrel, while WTI dropped $1.95 (2.66%) to $71.37 per barrel. This decline followed a three-day rally, during which Brent rose 3.6% and WTI gained […]
Oil prices climbed to a two-week high on Tuesday, driven by sanctions on Russian and Iranian crude exports and escalating Middle East tensions, despite concerns that trade tariffs could slow global growth and energy demand. Brent crude settled at $77.00 per barrel, up $1.13 (1.5%), while WTI rose to $73.32 per barrel, gaining $1.00 (1.4%), […]
Oil prices climbed nearly 2% on Monday following three consecutive weeks of losses, despite lingering concerns over a potential trade war initiated by U.S. President Donald Trump. Brent crude settled at $75.87 per barrel, up $1.21 (1.6%), while WTI rose to $72.32 per barrel, gaining $1.32 (1.9%). This rebound comes after a 2.8% drop last […]
Oil prices rose on Friday following the imposition of new U.S. sanctions on Iran’s crude exports, but declined for the week as concerns over President Donald Trump’s escalating trade war with China and potential tariffs on other countries weighed on the market. Brent crude settled at $74.66 per barrel, up $0.37 (0.5%), while WTI closed […]
Oil prices declined on Thursday as President Donald Trump reaffirmed his commitment to increasing U.S. oil production, unsettling traders after a sharp rise in U.S. crude inventories. Brent crude fell $0.32 (0.4%), settling at $74.29 per barrel, while WTI dropped $0.42 (0.6%) to $70.61 per barrel. Trump’s push to boost production aims to lower energy […]