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.
On Tuesday, oil prices settled mixed as markets reacted to heightened U.S.-China trade tensions and President Donald Trump’s reinstatement of his “maximum pressure” campaign on Iran. U.S. West Texas Intermediate (WTI) crude fell $0.46 (0.63%) to $72.70 per barrel, while global benchmark Brent crude edged up $0.24 (0.32%) to $76.20 per barrel. Earlier in the […]
Oil prices experienced volatile trading on Monday, initially rising over $1 per barrel before closing at a one-month low as markets reacted to U.S. President Donald Trump’s planned tariffs on Canada, Mexico, and China. The April Brent crude contract settled at $75.96 per barrel, up $0.29 (0.4%), while U.S. West Texas Intermediate (WTI) crude rose […]
Oil prices eased on Friday, capping a second consecutive week of losses, as investors awaited the implementation of U.S. tariffs on Canadian and Mexican imports, set to take effect on Saturday. Brent crude futures for March delivery, which expired on Friday, settled down $0.11 at $76.76 per barrel, while the more actively traded April contract […]
Oil prices inched higher on Thursday, tempered by concerns over impending U.S. tariffs on Canadian and Mexican crude imports set to take effect this weekend. Brent crude rose $0.29 (0.4%) to $76.87 per barrel, while U.S. crude edged up $0.11 (0.2%) to $72.73, slightly recovering from Wednesday’s lowest settlement of the year. Market jitters grew […]
Oil prices declined on Wednesday, with U.S. crude settling at its lowest level of the year, following a larger-than-expected rise in domestic crude stockpiles. Brent crude futures dropped $0.91 (1.2%) to $76.58 per barrel, while U.S. West Texas Intermediate (WTI) fell $1.15 (1.6%) to $72.62. The Energy Information Administration reported a 3.46 million-barrel increase in […]
Oil prices edged higher on Tuesday, recovering from multi-week lows, as the White House reaffirmed U.S. President Donald Trump’s plans to impose 25% tariffs on imports from Canada and Mexico starting Saturday. Brent crude futures rose $0.41 (0.53%) to $77.49 per barrel, while U.S. West Texas Intermediate (WTI) climbed $0.60 (0.82%) to $73.77. Despite these […]
Oil prices dropped about 2% to a two-week low on Monday, driven by news of Chinese startup DeepSeek’s energy-efficient AI model, raising concerns over energy demand for data centers. Brent crude fell $1.42 (1.8%) to $77.08 per barrel, and U.S. West Texas Intermediate (WTI) dropped $1.49 (2.0%) to $73.17, marking their lowest closes since Jan. […]
Oil prices edged slightly higher on Friday but posted a weekly decline, ending a four-week streak of gains. Brent crude futures settled up 21 cents (0.27%) at $78.50 per barrel, while U.S. West Texas Intermediate (WTI) rose 4 cents (0.05%) to $74.66. Despite these gains, Brent fell 2.8% for the week, and WTI dropped 4.1%. […]
Oil prices fell on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to lower oil costs during his address at the World Economic Forum. Brent crude settled down 71 cents (0.9%) at $78.29 per barrel, while U.S. West Texas Intermediate (WTI) dropped 82 cents (1.09%) to $74.62. Trump’s call for lower oil […]
Oil prices fell on Wednesday as markets assessed the potential impact of U.S. President Donald Trump’s proposed tariffs on global economic growth and energy demand. Brent crude declined by 29 cents (0.4%) to settle at $79.00 per barrel, while U.S. West Texas Intermediate (WTI) dropped 39 cents (0.5%) to $75.44. This marked Brent’s fifth consecutive […]