PFL Market Reports

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

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.

Oil prices rose today, buoyed by financial markets and supply cuts. Futures did still post a week or week slight decline after a few down sessions this week.

Oil prices edged up today from 7 month lows despite a larger than expected build in crude inventories as Russia is threatening to halt oil and gas exports to some buyers