
Petroleum Daily Report 1-11-2023
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.
Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.

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

Folks, we did not see this one coming. Nat-gas prices plunged as unseasonably warm weather set in.

Oil prices were mostly flat for the day with not much market moving news.

Oil prices rose today after sinking for two days after data showed lower fuel inventories

Oil prices were lower again today, sinking more than $4 a barrel.

Oil prices tumbled today, sinking more than 4% as the New Year gets off to a rocky start

The deep freeze did not only have ramifications on a massive human scale with 27 people dying in Buffalo alone, but had consequences for refiners, plants and producers.

Oil prices had a strong session today to end out the year, with Brent closing up 10% and WTI closing up 7% YoY