Tag: OPEC production

Oil Weekly Outlook for December 16-20

Oil price (WTI and Brent) changed direction and fell last week: WTI declined by 1.08%; Brent oil, by 2.49%. As a result, the gap of Brent oil over WTI contracted: The premium ranged between $10.87 and $13.96. Last week, the…

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 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…