
Petroleum Daily Report 4-4-2023
Oil prices were little changed in choppy trade on Tuesday as investors digested OPEC+ plans to cut
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 were little changed in choppy trade on Tuesday as investors digested OPEC+ plans to cut

OPEC+ in a surprise announcement spoked the market with plans to cut more production

Oil prices were strong today rising more than $1/bbl for the second straight week over week gains.

Oil prices rose on Thursday, supported by lower U.S. crude stockpiles and a halt to exports from Iraq’s Kurdistan region,

Oil edged lower on Wednesday in choppy trade on profit taking from two straight days of gains.

On Monday, prices rallied more than $3 after Iraq was forced to halt exports of 450,000 barrels per day

Oil prices were higher today after an explosion in Iraqs Kurdistan region added to worries about oil supply.

Oil prices were down today but both benchmarks closed higher for the week with Brent up $2.8% and WTI up 3.8%.

Oil prices were lower today, reversing earlier gains as comments from the US Secretary of Energy sent prices lower.

Oil prices were higher today on a weaker dollar and larger than expected crude build