Tag: crude oil price

Crude Oil Prices – Weekly Recap September 10-14

Crude oil prices resumed their upward trend mainly following the announcement of the FOMC to launch QE3.  The difference between Brent and WTI also rose during last week. The oil stockpiles rose during last week by 2.3 M bl. OPEC’s…

OPEC’s Oil Production Slightly Rose in August 2012

According to the recent September prepared by the Organization of the Petroleum Exporting Countries regarding the latest developments in the crude oil market for August, the OPEC oil production increased during August compared with July’s oil production levels. OPEC’s crude…

Crude Oil Prices – Weekly Recap September 3-7

oil chart WTI Brent - percent change September 3-7 2012

Crude oil prices demonstrated an unclear trend during last week as both WTI and Brent oil shifted from rises to falls throughout the week. The difference between Brent and WTI declined again during last week. The oil stockpiles fell during…