
Petroleum Daily Report 9-21-2022
Oil prices fell today in a volatile session as the Federal Reserve hiked interest rates by another 75bps
Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.

Oil prices fell today in a volatile session as the Federal Reserve hiked interest rates by another 75bps

Oil prices dropped again today on the back of a strong dollar and Fed interest-rate hikes designed to quell inflation

Oil prices closed higher today as OPEC+ failed to hit its own production target by 3.53 million barrels per day for August.

Could Butane blending be back in a substantial way? It looks as though we are not going to be short heading into winter as previously thought by some.

Oil prices rose slightly today but remained down week over week headed into next week’s meeting of the Federal Reserve with the dollar already strong.

Oil and gas prices slumped today as expectations for a continued weakening of the global economy loomed.

Oil prices were higher today as the IEA said they expected more gas-to oil switching.

Oil prices were lower today, reversing earlier gains as the CPI came in higher than expected, lifting expectations that the Fed will deliver another hefty interest rate increase

Oil prices were higher today as the G7 plans to implement a price cap on Russian oil, shaking off weaker demand implications.

Folks, just when you thought it was over the Governor of Michigan Gretchen suffered a crushing defeat; losing another battle with Enbridge in her battle to threaten U.S. energy security