Oil prices declined today after the American Petroleum Institute (API) reported a surprise build in crude inventories
PFL Railcar Report 9-27-2021
Concoco Phillips – Is betting big on U.S. oil, buying Shell’s Permian assets for $9.5B. This will effectively make it the second biggest oil producer in the lower 48, now trailing only ExxonMobil.
Petroleum Daily Report 9-23-2021
Oil prices continued their rise today, along with financial markets as sentiment is beginning to shift again.
Petroleum Daily Report 9-22-2021
Oil prices rallied today, despite a larger than expected build in gasoline inventories that initially had prices trading lower.
Petroleum Daily Report 9-21-2021
It seems to be a very nervous trade today,” said Phil Flynn, senior analyst at Price Futures group in Chicago. “It’s a little bit of ongoing concerns about the potential impact of demand going forward.”
PFL’s 2021 Conference List
PFL will be at the following 2021 conferences.
Petroleum Daily Report 9-20-2021
Oil prices fell in a risk off day that took down risk assets across the board. Markets are tense with a two day Federal Reserve meeting beginning tomorrow and fear of spillover from the chaos in Asian markets.
PFL Railcar Report 9-20-2021
Well folks, the battle over shutting down Line 5 seems like it will never be over. Michigan Attorney General, Dana Nessel,
Petroleum Daily Report 9-17-2021
Oil prices were lower today, as production in the Gulf continues to come back online and computers take profits.
Petroleum Daily Report 9-16-2021
Oil prices were flat today, after rising to multi week highs yesterday