
Petroleum Daily Report 4-27-2023
Oil prices edged up slightly today after yesterday’s big loss.
Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.

Oil prices edged up slightly today after yesterday’s big loss.

On Mobile? Click here to download the PDF Oil prices sank today as recession fears are outweighing supply concerns even as crude inventories fell more than expected. EIA data showed crude inventories were down 5.1MM/bbls last week, much higher than the forecasted draw of 1.5MM/bbls. Gasoline and distillate stocks both also fell, sinking 2.4MM/bbls and […]

Oil prices were lower today, falling to the lowest this month after two sessions of gains.

Oil prices rose today, reversing earlier losses as the session turned more bullish on holiday travel in China

The tank car committee meeting this go around was a very well-attended function. It is an industry gathering at a different level.

Oil prices closed higher today on strong economic data in the euro zone and Britain.

Oil prices slumped today to their lowest level since late March, dragged down by fears of a possible recession.

On the back of a rising U.S. dollar and the fear of another U.S. rate increase oil declined today despite a draw in crude oil inventories

Oil prices were mostly flat for the day as bullish economic data from China was offset by interest rate hike fears.

Oil prices were lower today on a stronger dollar and possible interest rate hikes next month.