
Petroleum Daily Report 1-31-2023
Oil prices fell again today extending last week’s losses as this week’s Federal Reserve meeting looms.
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 fell again today extending last week’s losses as this week’s Federal Reserve meeting looms.

Oil prices fell again today extending last week’s losses as this week’s Federal Reserve meeting looms

Indications are that will strong Russian oil supply could offset some of the bullish fundamentals such as the recovery in Chinese demand.

Oil prices were higher today, rising 2% on expectations of rising global demand.

Oil prices were steady today after yesterday’s rout, supported by smaller than expected build in crude inventories

Oil prices were lower today on concerns about a global economic slowdown

Oil prices were mixed today but mostly flat as investors took profits later in the session.

Oil prices were up today notching their second straight weekly gains as Chinas economic prospects brightened

Oil prices rallied today buoyed by rising Chinese demand despite another week of larger than expected crude inventory builds.

Oil prices eased today falling with other financial markets as bad economic data worried investors. WTI traded down $.70 to close at $79.48.