Crude oil prices continued their descent and mostly declined during the month (so far). The reports from OPEC and IEA might suggest the oil market is loosening up. The Brent premium over WTI slightly rose to $14 -$15 range. During…
Crude oil prices sharply declined on Friday following the U.S labor report. Will this downward trend continue? The Brent premium over WTI slightly declined to $13 -$15 range. During the upcoming week there are several important reports and events that…
Crude oil prices showed some signs of recovery as both WTI and Brent oil slightly increased during last week. They are still in their respective range of $102-$105 for WTI and $117-$120 during the past several weeks; the sharp rise…
Crude oil prices didn’t move much during last week as the WTI oil price edged up while Brent oil price declined; as a result, the Brent premium over WTI declined from its $17-$18 range to the $15 neighborhood. Will this…
Crude oil prices continue to dwindle with an unclear trend but at least the premium of the Brent oil over WTI slipped during recent weeks. Furthermore, during last week Brent oil edged down 1.27% and WTI by 0.46%. The tensions…
Crude oil prices are still high but didn’t do much during March. Furthermore, during last week Brent oil edged down 0.43% and WTI by 0.55%. The premium of Brent oil over WTI remained high in the $17 to $19 range.…
Crude oil prices are still high but didn’t do much during March as WTI oil price remained flat from the beginning of the month and Brent oil rose by 2%. Furthermore, during last week Brent oil edged up 0.45% and…
Crude oil continued to trade high but didn’t move much on a weekly scale. During last week Brent oil added 1.16% to its value and WTI rose by 0.66%. The premium of Brent oil over WTI slightly increased but remained…
Crude oil prices remained high even though during last week Brent oil shed 1.78% off its value and WTI declined by 1.87%. The positive news of the 3% growth of the U.S GDP during the last quarter of 2011 may…
Crude oil prices continued to moderately climb up as they have done during recent weeks. The big news for oil was the sharp increase in the premium of Brent over WTI as the premium reached during the week the highest…