Oil price (WTI) slightly rose during last week. WTI oil inched up by 0.4%; Brent oil slipped by 0.8%. As a result, the gap of Brent oil over WTI narrowed again: The premium ranged between $6.48 and $7.82. Last week,…
Oil Outlook for March 3-7
Tag: Crude oil forecast
Oil Outlook for February 24-28
Oil price (WTI and Brent) resumed its rally during last week. WTI oil increased by 1.9%; Brent oil, by 1%. As a result, the gap of Brent oil over WTI slightly narrowed: The premium ranged between $7.16 and $8.43. Last…
Oil Outlook for February 17-21
Oil price (WTI and Brent) didn’t do much during last week. WTI oil slightly rose by 0.42%; Brent oil slipped by 0.77%. As a result, the gap of Brent oil over WTI narrowed: The premium ranged between $8.38 and $8.74.…
Oil Outlook for February 10-14
Oil price (WTI and Brent) rose again during last week. WTI oil rose by 2.5%; Brent oil, by 3%. As a result, the gap of Brent oil over WTI widen: The premium ranged between $8.59and $9.69. Last week, the EIA’s…
Oil Outlook for February 3-7
Oil price (WTI) slightly rose again during last week, while Brent oil declined. WTI oil rose by 0.88%; Brent oil slipped by 1.37%. As a result, the gap of Brent oil over WTI narrowed: The premium ranged between $8.91 and…
Oil Outlook for January 27-31
Oil price (WTI and Brent) rallied again during last week. WTI oil and Brent oil rose by 2.41% and 0.77%, respectively. As a result, the gap of Brent oil over WTI narrowed: The premium ranged between $12.69 and $10.26. Last…
Oil Outlook for January 20-24
Oil price (WTI) bounced back and increased by 1.78% during last week. Conversely, the price of Brent oil edged down by 0.18%. As a result, the gap of Brent oil over WTI narrowed: The premium ranged between $12.69 and $14.95.…
Oil Weekly Outlook for January 13-17
Oil price (WTI) decreased by 1.32% during last week. Conversely, the price of Brent oil edged up by 0.34%. As a result, the gap of Brent oil over WTI widened: The premium ranged between $13.30 and $14.73. Last week, the…
Oil Weekly Outlook for January 6-10
Oil price (WTI and Brent) changed course and tumbled down last week: WTI decreased by 6.34%; Brent oil, by 4.72%. As a result, the gap of Brent oil over WTI slightly widened: The premium ranged between $11.92 and $12.93. The…
Oil Weekly Outlook for June 24-28
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…