Tag: crude oil price

Oil Prices – Weekly Recap January 14-18

Crude oil price resumed its upward trend during last week. The U.S stockpiles rose again according to the latest EIA report. The gap between Brent and WTI narrowed again to a range between $15 and $17 during last week. Brent…

OPEC’s Oil Production Inched Down in December

According to the recent January report published by the Organization of the Petroleum Exporting Countries regarding the recent developments in the crude oil market for December, the OPEC oil production inched down again during December compared with November’s oil production.…

Oil Prices – Weekly Recap January 7-11

Crude oil prices remained nearly unchanged during last week. The U.S stockpiles changed direction and rose according to the recent EIA report. The gap between Brent and WTI contacted again to a range between $17 and $19 during last week.…