Tag: crude oil price

Crude Oil Prices – Weekly Recap September 24-28

Crude oil prices moved with an unclear trend during last week. The difference between Brent and WTI rose during last week. The oil stockpiles changed direction and fell during last week by 2.6 M bl. WTI oil declined by 0.45%…

Crude Oil Prices – Weekly Recap September 17-21

Crude oil prices changed direction and after they had increased during the first couple weeks of September, they have tumbled down during most of last week. The difference between Brent and WTI also rose during last week. The oil stockpiles…

Will Oil Continue Its Tumble?

oil and us money base 2007-2012

The price of oil changed direction and tumbled during the week after it had increased during most of August and the first couple of weeks of September. What could have caused such a rapid shift in the oil market? Will…