
Petroleum Daily Report 12-28-2021
. “The stock market appears poised to finish the year at or near record highs with easy spillover into the oil space pushing crude values higher,
Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.

. “The stock market appears poised to finish the year at or near record highs with easy spillover into the oil space pushing crude values higher,
PFL and First Flare & Repair LLC are excited to announce that PFL has acquired a fifty percent interest in First Flare & Repair

WTI traded up $1.78 or 1.42% to close at $75.57. Brent traded up $2.85 or 3.74% to close at $78.99

Total North American rail volumes were down 4.3% yoy in week 50 resulting in qtd volumes that are down 5.3% and ytd that are up 4.8% yoy

Oil prices were strong today on a big draw in crude inventories despite the largest build in gasoline inventories in 6 months.

Oil prices rose today, gaining back yesterday’s losses. Markets remain wary of this new virus strain but today was a day of renewed risk appetite.

Oil and financial markets were hit hard today in another risk off day brought on by fears of new lockdowns globally.

“Your present circumstances don’t determine where you can go, they merely determine where you start.” – Nido Qubein Jobs Update Initial and Continuing Jobless Claims Stocks closed lower on Friday of last week and lower week over week The DOW closed lower on Friday of last week, down 532.2 points (-1.48%), closing out the week […]

Oil and nat gas prices fell today, as Covid market jitters hurt financial markets across the board.

Oil prices rose today, coming off of yesterday’s bullish inventory report as the market tries to wrap its head around the Feds next move.