PFL Market Reports

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

Oil prices rose slightly today but hovered near three week lows as fears of slower growth in major economies causes demand worries.