Tag: oil projections for May

Oil Weekly Outlook for May 27-31

The price of crude oil (both WTI and Brent) resumed their downward trend and slightly declined during last week: WTI fell by 1.95%; Brent oil slipped by 1.04%. As a result, the gap between the Brent oil and WTI slightly…

Oil Weekly Outlook for May 20-24

The rates of crude oil (both WTI and Brent) remained virtually unchanged during last week: WTI inched down by 0.02%; Brent oil slipped by 0.18%. As a result, the difference between the Brent oil and WTI remained nearly flat; the…

Oil Weekly Outlook for May 13-17

The prices of crude oil (both WTI and Brent) didn’t do much during last week: WTI increased by 0.45%; Brent oil slipped by 0.27%. As a result, the gap between the Brent oil and WTI shrank again; the premium of…

Oil Weekly Outlook for May 6-10

The prices of crude oil (both WTI and Brent) rose again during most of last week: WTI increased by 2.81%; Brent oil, by 1%. As a result, the difference between the Brent oil and WTI shrank again; the gap between…