
Petroleum Daily Report 4-4-2022
Oil prices were stronger today as mounting civilian deaths in Ukraine is putting more pressure on European nations to impose more sanctions on Russia.
Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.

Oil prices were stronger today as mounting civilian deaths in Ukraine is putting more pressure on European nations to impose more sanctions on Russia.

Ethanol groups are not happy and believe the President completely ignored them as a solution: “Doubling down on petroleum dependence is not an economically or environmentally sustainable solution for lower gas prices and it completely undermines this administration’s ambitious climate objectives,”

Oil prices came off significantly today as the Biden administration announced a massive release of strategic petroleum reserves at a time the SPR is at the lowest in years.

Oil prices came off significantly today as the Biden administration announced a massive release of strategic petroleum reserves at a time the SPR is at the lowest in years.

Oil prices were up today as volatility remains in full force. Today it was a combination of tight supplies, prospects of new Russia sanctions, and less optimism around the Ukraine/Russia ceasefire talks

Russia promised to reduce its military operations around Kyiv and northern Ukraine; Ukraine proposed adoption of neutral status but

Oil prices tanked today after Shanghai was put on COVID lockdown, with officials closing bridges, tunnels and restricting highway traffic.

The reality is, we can produce more natural gas, export more LNG and produce more NGL’s pretty quickly if policies change and executive orders are signed by the President cutting red tape and legal challenges

Click here if viewing from mobile Attending: Curtis Chandler [email protected] 239.405.3365 David Cohen [email protected] 954.729.4774

Oil prices were lower today in a volatile session as it was reported that CPC pipeline would be up and running quicker than anticipated. Sources said oil exports would partially resume today.