
Petroleum Daily Report 3-21-2023
Oil prices rose again today as some of the banking concerns in the US market are easing.
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 rose again today as some of the banking concerns in the US market are easing.

Oil prices were higher today rebounding over 1% after last week’s rout

Oil prices were lower today and down big week over week after a broad sell off in risk assets across the financial markets.

Oil prices snapped their down streak today after initially trading down earlier in the session after reports that Saudi Arabia and Russia met to discuss market stability.

Oil prices plunged today as the flight to safety assets increased today.

Oil prices tanked today to three month lows as US bank failures sparked fears of a financial crisis.

Oil prices fell again today as the market was rattled by bank failures in the US that roiled equity markets

Oil prices rose today after better than expected payroll numbers spurred hopes of a robust US economy.

Oil prices continued their trek lower today along with other financial markets

Oil prices were lower today, extending yesterday’s losses as economic growth is pressured by rising rates.