Tag: crude oil stockpiles

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 Weekly Outlook for December 2-6

oil market tight loose oil price December 2-6

Oil price (WTI and Brent) slipped last week: WTI declined by 2.24%; Brent oil, by 1.22%. As a result, the gap of Brent oil over WTI widened again: The premium ranged between $19.01 and $16.91 – the highest range in…

Oil Weekly Outlook for November 25-29

Oil price (WTI and Brent) rallied last week: WTI rose by 1.07%; Brent oil increased by 2.3%. As a result, the gap of Brent oil over WTI widened again: The premium ranged between $13.58 and $16.21 – the highest range…

Oil Weekly Outlook for November 18-22

Oil price (WTI) slipped again last week, while Brent oil rallied: WTI inched down by 0.80%; Brent oil sharply rose by 3.26%. As a result, the gap of Brent oil over WTI expanded: The premium ranged between $11.26 and $14.78…

Oil Weekly Outlook for November 11-15

oil market tight loose oil price November 11-15

Oil prices (WTI and Brent) slightly declined last week: WTI inched down by 0.01%; Brent oil, by 0.75%. As a result, the gap of Brent oil over WTI contracted: The premium ranged between $9.26 and $11.96. Last week, the EIA’s…

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 October 28- November 1

Oil prices (WTI and Brent) continued to tumble during last week: WTI fell by 2.94%; Brent oil, by 2.74%. As a result, the gap of Brent oil over WTI slightly widened: The premium ranged between $9.08 and $12.17. The EIA’s…

Oil Weekly Outlook for October 21-25

The price of oil (WTI and Brent) continued to fall during last week: WTI decreased by 1.19%; Brent oil, by 1.20%. As a result, the gap of Brent oil over WTI remained nearly unchanged: The premium ranged between $8.63 and…

Oil Weekly Outlook for October 14-18

The price of oil (WTI) changed direction and declined during last week: WTI fell by 1.75%; Brent oil, however, rose again by 1.66%. As a result, the gap of Brent oil over WTI expanded: The premium ranged between $6.65 and…

Oil Weekly Outlook for October 7-11

The prices of oil (WTI and Brent) bounced back during last week: WTI rose by 1.48%; Brent oil, by 1.01%. As a result, the gap of Brent oil over WTI slightly contracted: The premium ranged between $5.09 and $6.04. According…