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.
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Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
Oil prices climbed nearly 2% Tuesday, with both Brent and WTI reaching one-month highs as renewed tensions between the United States and Iran heightened concerns over crude exports from the Middle East and shipping through the Strait of Hormuz. Brent crude settled at $84.73 per barrel, up $1.43 (1.7%), while West Texas Intermediate (WTI) closed […]
Oil prices surged more than 9% Monday, with both Brent and WTI reaching one-month highs after renewed geopolitical tensions raised concerns over crude exports from the Middle East and shipping through the Strait of Hormuz. Brent crude settled at $83.30 per barrel, up $7.29 (9.59%), while West Texas Intermediate (WTI) closed at $78.14 per barrel, […]
Oil prices edged lower Friday as traders looked past the latest military exchanges between the United States and Iran and focused on the prospect of improving energy shipments through the Strait of Hormuz. Despite the daily decline, both major crude benchmarks posted solid gains for the week. Brent crude settled at $76.01 per barrel, down […]
Oil prices declined Thursday, with both Brent and WTI falling roughly 2%, as concerns over global economic growth and inflation weighed on demand expectations despite ongoing uncertainty surrounding supply disruptions in the Middle East. Brent crude settled at $76.30 per barrel, down $1.72 (2.2%), while West Texas Intermediate (WTI) closed at $72.08 per barrel, down […]
Oil prices surged Wednesday, with both Brent and WTI posting gains of nearly 5%, after renewed tensions between the United States and Iran raised fears that hostilities could once again disrupt energy shipments through the Strait of Hormuz. Brent crude settled at $78.02 per barrel, up $3.86 (5.2%), while West Texas Intermediate (WTI) closed at […]
Oil prices moved higher Tuesday as renewed geopolitical tensions in the Middle East raised concerns over crude supplies and tanker traffic. The gains accelerated after the close following the U.S. decision to revoke the general license that had temporarily allowed sales of Iranian crude oil. Brent crude settled at $74.16 per barrel, up $2.17 (3.01%), […]
Oil prices were little changed on Monday, with Brent crude slipping 0.2% to settle at $71.99 per barrel and WTI easing 0.2% to $68.55 per barrel, as markets weighed improving global supply against ongoing uncertainty surrounding U.S.-Iran negotiations. Crude prices remain near pre-conflict levels as exports through the Strait of Hormuz continue to recover, allowing […]
Oil prices posted modest gains on Thursday, with Brent crude rising 0.3% to settle at $71.80 per barrel and WTI adding 0.2% to $68.69 per barrel, as traders covered short positions and secured supplies ahead of the U.S. Independence Day holiday weekend. Market sentiment remained centered on the gradual normalization of oil flows through the […]
Oil prices declined on Wednesday, with Brent crude falling 1.9% to settle at $71.57 per barrel and WTI dropping 1.3% to $68.58 per barrel, as optimism surrounding U.S.-Iran negotiations continued to ease concerns over global supply disruptions. Markets reacted positively after President Trump said recent talks in Qatar had gone well, reinforcing expectations that both […]
Oil prices were little changed on Tuesday, with Brent crude slipping 0.3% to settle at $72.92 per barrel and WTI falling 1.8% to $69.50 per barrel, as markets balanced expectations for continued U.S.-Iran negotiations against improving global supply conditions. Crude prices remained near their pre-conflict levels from late February, reflecting the continued unwinding of the […]