
Petroleum Daily Report 2-21-2023
It seems the focus in the wider financial market is firmly on the release on Wednesday of the minutes of the U.S. Federal Reserve’s latest meeting,
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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It seems the focus in the wider financial market is firmly on the release on Wednesday of the minutes of the U.S. Federal Reserve’s latest meeting,

Oil prices closed out the week lower in a choppy week as prices swung between positive and negative sessions

Oil prices were lower today trading in a narrow range as the dollar briefly climbed to a six week peak

Oil prices were lower today after a much higher-than-expected build in US crude inventories but forecasts of higher demand helped support prices.

Oil prices were lower today as the Biden administration decided yet again to release more oil from the SPR

Oil prices edged higher today after last week’s rally as short term demand concerns seem to be outweighed by Russia’s production cut.

Oil prices were higher today as Russia announced a plan to cut output in response to western sanctions and the EU price cap.

Oil prices were lower today as supply disruptions from the earthquake in Turkey are more limited than initially expected.

Oil prices rose today for a third straight day in a broader “risk-on” trading day

Oil prices rose today after the Fed Chair Jerome Powell eased market concerns over future interest rate hikes