
Petroleum Daily Report 1-23-2023
Oil prices were mixed today but mostly flat as investors took profits later in the session.
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 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.

Oil prices were higher today in a choppy session. China’s gross domestic product expanded 3% in 2022,

Oil prices gained again today along with other financial markets as inflation unexpectedly fell in December

Oil prices gained again today along with other financial markets as inflation unexpectedly fell in December

Oil prices rose today to their highest since 12/3. WTI traded up $2.29 to close at $77.41. Brent traded up $2.57 to close at $82.67.

Oil prices edged slightly higher as global consumption of liquid fuels was forecasted to reach 102.2 MM/bpd in 2024.

Oil prices rose today as China’s borders officially opened to international travelers today without quarantine