Tag: petroleum stockpiles

Oil Weekly Outlook for August 26-30

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 Weekly Outlook for August 19-23

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.…

Oil Weekly Outlook for August 5-9

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…

Oil Weekly Outlook for July 29 – August 2

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…

Oil Weekly Outlook for July 22-26

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 Weekly Outlook for July 15-19

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…

Oil Weekly Outlook for July 8-12

The prices of oil (WTI and Brent) continued their rally during last week: WTI increased by 6.9%; Brent oil also increased by 5.44%. As a result, the gap between the Brent oil and WTI moderately contacted; the gap between Brent…

Oil Weekly Outlook for July 1-5

The prices of oil (WTI and Brent) bounced back during last week: WTI rose by 3.06%; Brent oil also increased by 1.24%. As a result, the difference between the Brent oil and WTI slightly contacted; the gap between Brent and…

Oil Weekly Outlook for June 17-21

The prices of crude oil (WTI and Brent) didn’t do much during last week: WTI rose by 1.9%; Brent oil slipped by 0.26%. As a result, the difference between the Brent oil and WTI sharply contracted; the difference between Brent…

Oil Weekly Outlook for June 10-14

The prices of crude oil (WTI and Brent) changed direction and bounced back during last week: WTI increased by 4.41%; Brent oil, by 4.15%. As a result, the gap between the Brent oil and WTI remained virtually flat; the gap…