{"id":9168,"date":"2023-04-03T20:39:46","date_gmt":"2023-04-04T00:39:46","guid":{"rendered":"https:\/\/pflpetroleum.com\/reports\/?p=9168"},"modified":"2023-06-16T13:33:16","modified_gmt":"2023-06-16T17:33:16","slug":"petroleum-daily-report-4-3-2023","status":"publish","type":"post","link":"https:\/\/pflpetroleum.com\/reports\/petroleum-daily-report-4-3-2023\/","title":{"rendered":"Petroleum Daily Report 4-3-2023"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Oil jumped over 6% cent today. OPEC+ in a surprise announcement spoked the market with plans to cut more production, raising fears of tightening. WTI broke above $80 per barrel and settled up by $4.75 per barrel closing at $80.42 per barrel on the day. Brent crude settled higher by $5.04, or 6.3% to settle at US$84.93 per barrel, after touching its highest level since March 7 (US$86.44). Meanwhile, Natgas at Henry closed down 10.3 cents per MMBTU closing out the trading session at $2.097 per MMBTU &#8211; WOW \u2013 looks as though we need some pipelines approved!<\/p>\n\n\n\n<h3 align=\"center\"><a href=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/04\/Petroleum_Daily432023.pdf\">On Mobile? Click here to download PDF<\/a><\/h3>\n\n\n\n<embed src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/04\/Petroleum_Daily432023.pdf\" type=\"application\/pdf\" width=\"100%\" height=\"960\">\n","protected":false},"excerpt":{"rendered":"<p>OPEC+ in a surprise announcement spoked the market with plans to cut more production<\/p>\n","protected":false},"author":3,"featured_media":8776,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":["post-9168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-petroleum-daily"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The PFL Petroleum Markets Report for April 3rd, 2023<\/title>\n<meta name=\"description\" content=\"OPEC+ in a surprise announcement spoked the market with plans to cut more production\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pflpetroleum.com\/reports\/petroleum-daily-report-4-3-2023\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Curtis Chandler\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/petroleum-daily-report-4-3-2023\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/petroleum-daily-report-4-3-2023\\\/\"},\"author\":{\"name\":\"Curtis 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He served as the Principal &amp; Director of Blackstone Energy Services Inc. &amp; played a crucial role as the Managing Director of Collingwood Ethanol L.P. He also worked as a Partner at Intercontinental Energy Brokers Inc., specializing in derivatives. Curtis's also served as the Director of Marketing &amp; Supply at Novagas Clearinghouse Ltd., a subsidiary of Dynegy Canada Inc. Additionally, he held the position of VP at Great West Energy Ltd., a subsidiary of Bow Valley Energy Inc., where he played an instrumental role in establishing the company. Curtis also co-founded of Great West Energy with his father in 1988. During the rapid growth of Great West Energy, Curtis oversaw information systems, managed supply purchasing &amp; sales, &amp; played a pivotal role in new market development. Curtis also worked as a market maker at Novagas, responsible for pricing decisions across all regions of Canada. In 1994, he co-founded Chandler Energy Inc. 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