PFL Market Reports

Oil prices tanked today with mounting Covid cases in China and fears of aggressive rate hikes in the US

China reported rising daily covid infections and Chinese refiners have asked to reduce Saudi crude volume in December

Oil prices traded down today after shipments to Hungary restarted via the Druzhba pipeline

Oil prices were higher today as US PPI came in a lot lower than expected

Oil prices were lower today, settling down as the US dollar traded higher and some Chinese cities reported record Covid rates

Oil prices rose on Friday, up $2.49 cents per barrel to close at $88.96 per barrel on the back of China relaxing COVID travel restrictions and signaling that their economy would soon return to normal. Brent traded up US$2.32 cents per barrel to close at US $95.99 per barrel. Gasoline closed up $4.3 cents per […]

Oil prices rose today after a few days of declines buoyed by better-than-expected inflation numbers that lifted financial markets across the board. The CPI came in at 7.7%, which despite being relatively high is an improvement from the last few months. This number could signal a softening to come from the world’s central banks. “(Consumer […]

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