Tag: spot oil

Oil Weekly Outlook For February 11-15

During the pervious week, crude oil price (WTI) changed direction and fell while Brent oil continued to trade up: WTI oil fell by 2.1%; Brent oil rose by 1.83%. As a result, the gap between the Brent oil and WTI…

Crude Oil Prices – Weekly Recap October 8-12

oil chart WTI Brent - percent change October 8-12 2012

Crude oil prices changed direction and traded up on a weekly scale. Despite their rally they have zigzagged throughout the week but ended up rising on a weekly scale. The difference between Brent and WTI slightly rose again during last…

Oil Prices – Weekly Outlook January 23-27

Crude oil prices only slightly slipped during last week, which is similar to their slow downward trend in recent weeks. What is up ahead for crude oil prices in the penultimate week of January? Let’s analyze the oil market and…

Crude Oil Prices – Weekly Outlook December 12-16

Crude oil prices slightly declined during last week after oil prices rose during the past couple of months including November and October.  There are many news items on next week’s agenda including the OPEC meeting and OPEC and IEA’s monthly report…

Crude Oil Prices – Daily Outlook October 25

Crude oil prices very sharply inclined yesterday; this increase is probably related to the renewed expectations of sharp gains in the demand for oil in the American market. Currently crude oil prices are traded up. Today, U.S Consumer Confidence report…

Crude Oil Prices – Daily Outlook October 24

WTI oil price slightly inclined during most of last week which coincided with the sharp rally in the U.S stock markets. Currently crude oil prices are traded slightly up. Today, Trichet will speak in an ECB Press Conference; the Euro…

Crude Oil Prices – Daily Outlook October 14

Crude oil prices changed direction and fell yesterday, but currently crude oil prices are traded slightly up. Today, U.S. Federal Budget Balance will be published, the U.S. retail sales and the Euro Area CPI. The G20 meeting will be held…