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 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.…
The price of oil (WTI and Brent) bounced back last week: WTI rose by 2.14%; Brent oil, by 1.66%. As a result, the premium of Brent oil over WTI contracted; the premium ranged between $1.65 and $3.83. Based on the…
The price of oil (WTI and Brent) changed direction and fell last week: WTI declined by 2.94%; Brent oil, by 0.83%. As a result, the premium of Brent oil over WTI expanded; the premium ranged between $1.2and $2.5. According to…
The price of oil (WTI) rallied again during last week: WTI rose by 1.81%; Brent oil, on the other hand, slightly decreased by 0.68%. As a result, the premium of Brent oil over WTI plummeted; the premium ranged between $0.2…
Oil prices (WTI and Brent) rose again during last week: WTI rose by 2.64%; Brent oil also increased by 1.01%. As a result, the premium of Brent oil over WTI sharply fell; the premium ranged between $2 and $4. According…
The Mubarak regime has ended after 29 years of ruling Egypt. Let’s examine what is the current situation in Egypt, and how did the commodities market reacted so far by examining the crude oil price: After more than a couple…
Crude oil price continued to fall during the end of the week, despite the price hike it gained during the beginning of the week, mainly related to the turmoil in Egypt. Here is a weekly recap for January 31 to…
As all eyes continue to closely watch how and when the Egyptian turmoil will subside, , investors already speculate how the protests will affect, if any, major energy commodities and the crude oil price. Let’s examine what is the current…
The Egyptian riots have subsided over the weekend, however they are planed to renew tomorrow with a big protest. On Friday, crude oil price rose by several percent points. The protest tomorrow will probably set the tone for the rest…