
Petroleum Daily Report 5-17-2023
Oil prices settled higher today on optimism over oil demand and US debt ceiling negotiations.
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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Oil prices settled higher today on optimism over oil demand and US debt ceiling negotiations.

Oil prices were lower today as the markets weighed economic risk and bad economic data.

Oil prices rose today after three straight sessions of declines boosted by the prospect of tightening supplies in Canada.

Oil prices were lower today falling for a third consecutive week. Prices were lower on a stronger dollar

Oil prices fell today to the lowest in a week as the US debt ceiling is stoking recession jitters.

Oil prices were lower today ending a three day rally. Consumer prices rose in April albeit at a slower pace.

Oil prices ticked up on Tuesday as the market weighed US government plans to refill the nations SPR.

Oil prices rose today rallying back after recession fears began to ease. A healthy US jobs report for April helped oil prices climb on Friday of last week

Oil prices rose on Friday but fell for a third straight week in a row.

Oil prices were stable today after falling earlier in the week as the ECB decided to slow its pace of rate hikes.