Tag: IEA

Oil Outlook for July 7-11

Oil prices came down again during the past week as the turmoil in Iraq seems to have little impact on the oil market. Last week, the WTI and Brent fell by 1.6% and 2%, respectively.  The difference of Brent oil…

Oil Outlook for April 21-25

Oil prices (WTI and Brent) rose again last week. WTI and Brent oil increased by 0.5% and 2%, respectively. As a result, the difference of Brent oil over WTI widened: The premium ranged between $5 and $5.23. Last week, the…

Oil Outlook for April 14-18

Oil prices (WTI and Brent) bounced back last week. WTI and Brent oil rose by 2.6% and 0.6%, respectively. As a result, the difference of Brent oil over WTI narrowed again: The premium ranged between $3.6 and $5.4. Last week,…

Oil Outlook for April 7-11

Oil prices (WTI and Brent) changed direction and declined last week. WTI and Brent oil slipped by 0.5% and 1.2%, respectively. As a result, the gap of Brent oil over WTI contracted again: The premium ranged between $5.2 and $6.2.…