Tag: Oil price July 2014

Oil Outlook for July 21-25

oil market tight loose oil price July 11

This time it wasn’t the Middle East  to pull up oil prices – but close by: The recent news regarding the firing down of the Malaysian plane above Ukraine triggered President Obama to step in and impose additional restrictions on Russia.…

Oil Outlook for July 14-18

The oil market cooled down again during the previous week as the WTI and Brent dropped by 3.1% and 3.9%, respectively. As a result, the premium of Brent oil over WTI narrowed again; the premium ranged between $6.71 and $5.83.…

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 June 30- July 4

The oil market cooled down for the first time in the past several weeks as WTI and Brent declined by 1.4% and 1.3%, respectively.  The difference of Brent oil over WTI remained steady last week; the premium ranged between $7.37…