The prices of crude oil (WTI and Brent) fell during last week: WTI declined by 4.25%; Brent oil slipped by 3.24%. As a result, the gap between the Brent oil and WTI slightly expanded; the difference between Brent and WTI…
The prices of crude oil (both WTI and Brent) resumed their downward trend during most of last week: WTI fell by 3.6%; Brent oil, by 3.36%. As a result, the gap between the Brent oil and WTI slightly contracted again…
During last week, crude oil price continued their upward trend: WTI oil rose by 1.97%; Brent oil, by 3.07%. As a result, the gap between the Brent oil and WTI widened; the difference between Brent and WTI ranged between $16…
During last week, crude oil prices bounced back and slightly rose along with many “risk currencies” such as Euro, Canadian dollar and Aussie dollar. According to the recent EIA report, the oil stockpiles increased again by 5.9MB. During last week,…
During last week, crude oil prices moved with an unclear trend. According to the recent EIA report, the oil stockpiles fell again by 1.4MB. During last week, WTI oil rose by 0.71%; Brent oil slipped by 0.13%. As a result,…
Crude oil prices changed direction again and bounced back from the falls they had recorded on Monday. The rally in the American and European stock markets may have contributed to this rally. Currently crude oil prices are traded with moderate…
Crude oil prices continued yesterday their slow recovery from September’s sharp falls; currently crude oil prices are traded up. Today, the IEDA monthly report will be out, the minutes of the recent FOMC meeting, EIA Report on Oil Stockpiles, Australia’s…
Crude oil prices shifted from red to green as they have sharply inclined yesterday, while the U.S. and European stock markets rallied and the “risk currencies” including AUD and CAD also rebounded in recent days giving crude oil prices back-wind.…
Crude oil prices declined yesterday and currently they continue to trade sharply down.  The FOMC announcement to purchase $400 billion LT securities didn’t receive a warm reaction in the financial markets as the US stock markets sharply fell.  The  USD…
WTI oil prices inclined yesterday and thus followed the modest gains in the US stock markets. The gap between Brent oil and WTI oil prices continues to close. The speculations around the Euro Area debt crisis will probably continue to…