
Petroleum Daily Report 10-18-2022
Oil prices were lower today, trading down earlier in the session and holding onto those lows.
Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.

Oil prices were lower today, trading down earlier in the session and holding onto those lows.

Oil prices held steady on Monday in choppy trading on fears that high inflation and energy costs could drag the global economy into recession.

The widening of the West Texas Intermediate (WTI) vs Western Canadian Select (WCS) differential continues unabated and shows little sign that it will correct to more historic norms anytime soon.

Oil prices were down again today with WTI and Brent down 7.6% and 6.4% respectively for the week.

Oil prices turned around today as low diesel inventories outweighed surprisingly high crude and gasoline stocks

Oil was lower today, for a third day in a row as some Fed officials continue to present hawkish viewpoints and the dollar strengthened.


Oil prices were lower today, extending losses from yesterday’s session as the market focuses again on recession fears and a stronger dollar.

Oil prices were lower today, cooling off slightly after last week’s massive rally. Investors are worried that economic storm clouds

The greatest use of a life is to spend it on something that will outlast it. -William James Jobs Update Stocks closed lower on Friday of last week and mixed week over week The DOW closed lower on Friday of last week, down -630.15 points (-2.11%),closing out the week at 29,296.79, down -194.1 points week […]