The Petroleum Daily Report by PFL Petroleum Services LLC shows the settle prices on the petroleum commodities such as crude, BRENT, WTI, natural gas, RBOB, ULSD, propane, and butane.
PFL does display both Gulf and NYH prices. Equities include Nasdaq, TSX and S&P 500.
For more information on the commodity based markets or questions about RIN data contact PFL Petroleum at 239-390-2885.
Oil prices were lower today tanking to their lowest levels as there are signs of a deal to resolve a dispute with Libyan crude production and exports. China reported on Monday that new export orders fell for the first time in eight months in July and that prices of new homes rose in August at […]
Oil prices fell on Friday as investors weighed expectations of an increase in OPEC+ supply starting in October and dwindling hopes for a significant U.S. interest rate cut. Brent crude futures for October delivery dropped $1.14 (1.43%) to $78.80 a barrel, ending the week down 0.3% and the month down 2.4%. U.S. West Texas Intermediate […]
Oil prices rose by more than a dollar per barrel on Thursday due to supply disruptions in Libya and planned output cuts in Iraq, raising concerns about tighter global supplies. Brent crude increased by $1.29 (1.6%) to $79.94 a barrel, while U.S. West Texas Intermediate (WTI) rose $1.39 (1.9%) to $75.91 a barrel. More than […]
Oil prices dropped by 1% on Wednesday due to a smaller-than-expected decline in U.S. crude stockpiles and concerns about weak Chinese demand. Brent crude fell by 90 cents (1.13%) to $78.65 a barrel, and U.S. West Texas Intermediate (WTI) dropped $1.01 (1.34%) to $74.52. U.S. crude inventories decreased by 846,000 barrels last week, less than […]
On Tuesday, oil prices fell around 2% due to concerns over slower economic growth in the U.S. and China, which could reduce energy demand, following a 7% surge over the prior three days. Brent crude dropped $1.88, or 2.3%, to $79.55 a barrel, while U.S. West Texas Intermediate (WTI) crude declined $1.89, or 2.4%, to […]
Oil prices rose today on signs of improving demand. Prices drew support from expectations of strong U.S. gasoline demand, as motorist group AAA forecast this year’s Memorial Day travel activity will be the highest since 2005, with road trips at a record since 2000. On the supply front, investors are watching for potential oil supply […]
On Friday, U.S. light crude oil prices increased by more than 2% per barrel after U.S. Federal Reserve Chair Jerome Powell suggested that the central bank might be preparing to cut interest rates. Brent crude futures rose by $1.80 (2.33%) to $79.02 a barrel, while U.S. West Texas Intermediate (WTI) crude futures went up by […]
Oil prices were higher today trading up on hopes of a fed cut in a few weeks. Prices rebounded after four straight days of declines. On Wednesday, minutes of the Federal Reserve’s July meeting showed most Fed officials thought the central bank was on track for an interest rate cut next month. “The dollar has […]
Oil prices fell today trading down a two week low. US jobs data was revised down significantly today, with US employers adding far fewer jobs than originally reported. The department’s estimate for total payroll employment for the period from April 2023 to March 2024 was lowered by 818,000. “The market is now going from pricing […]
Oil prices were lower today trading down as Mid East tensions ease. U.S. Secretary of State Antony Blinken visited Egypt and pushed for progress toward a Gaza ceasefire and hostage release deal. Major differences still need to be resolved in talks this week. “There was probably around $4 to $8 of geopolitical premium baked into […]