Tag: crude oil price forecast

Oil Weekly Outlook for December 30- January 3

Oil price (WTI and Brent) rose again last week: WTI increased by 1%; Brent oil, by 0.37%. As a result, the gap of Brent oil over WTI slightly narrowed: The premium ranged between $11.86 and $12.68. Last week, the EIA’s…

Oil Weekly Outlook for December 23-27

Oil price (WTI and Brent) rallied last week: WTI rose by 1.8%; Brent oil, by 2.82%. As a result, the gap of Brent oil over WTI slightly expanded: The premium ranged between $11.83 and $13.19. Last week, the EIA’s weekly…

Oil Weekly Outlook for December 16-20

Oil price (WTI and Brent) changed direction and fell last week: WTI declined by 1.08%; Brent oil, by 2.49%. As a result, the gap of Brent oil over WTI contracted: The premium ranged between $10.87 and $13.96. Last week, the…

Oil Weekly Outlook for December 9-13

Oil price (WTI and Brent) changed direction and rose last week: WTI spiked by 5.32%; Brent oil, by 1.75%. As a result, the gap of Brent oil over WTI contracted: The premium ranged between $13.6 and $17.63. Last week, the…

Oil Price Forecast for November 4-8

oil market tight loose oil price November 4-8

Oil prices (WTI and Brent) continued to fall during last week: WTI decreased by 3.31%; Brent oil, by 0.95%. As a result, the gap of Brent oil over WTI further widened: The premium ranged between $10.81 and $13.09. Last week,…

Oil Weekly Outlook for September 23-27

Oil prices (WTI and Brent) tumbled down again during last week: WTI fell by 3.27%; Brent oil, by 3.16%. As a result, the spread of Brent oil over WTI remained nearly unchanged: The premium ranged between $2.53 and $5.73. Based…

Oil Weekly Outlook for September 16-20

Oil prices (WTI and Brent) changed direction and declined last week: WTI decreased by 2.10%; Brent oil, by 2.88%. As a result, the spread of Brent oil over WTI shrank again: The premium ranged between $3.86 and $4.57. The sharp…

Oil Weekly Outlook for September 9-13

Oil prices (WTI and Brent) rose again last week: WTI increased by 2.68%; Brent oil, by 1.85%. As a result, the spread of Brent oil over WTI contracted: The premium ranged between $5.59 and $7.68. The drop in Libya’s oil…

Oil Weekly Outlook for August 26-30

Oil prices (WTI and Brent) didn’t do much last week: WTI inched down by 0.12%; Brent oil fell by 0.97%. As a result, the premium of Brent oil over WTI slightly expanded again; the premium ranged between $2.80 and $5.96.…

Oil Weekly Outlook for August 19-23

Oil prices (WTI and Brent) continued their recovery and rose during the week: WTI rose by 1.41%; Brent oil, by 2.73%. As a result, the premium of Brent oil over WTI slightly expanded; the premium ranged between $2.86 and $3.78.…