Here is a weekly outlook for the week of February 28th to Match 4th showing the news items and reports that will be published this coming week mainly related to the US, Europe, Canada and Australia economies. The news besides…
Tag: crude oil price
Oil prices continue rising as turmoil in Libya progresses– February 25
Libya’s turmoil continues; President of the US – Barack Obama said that the US will take steps against Libya, including economic and commercial sanctions, in an attempt to stop the bloodshed. The ongoing uncertainty in the Middle East continues to…
Petroleum stocks continue falling | review of WTI Brent spread – February 25
In this recent EIA petroleum report, pertaining crude oil price and petroleum stocks, there is also an analysis about the recent rise in gap between the WTI and Brent oil. I have written several posts on this issue and in…
WTI Oil price declined as investors curb their enthusiasm – February 24
The tension in Libya continues, and the UN plans a series of sanctions against Qaddafi’s regime in an attempt to stop the bloodshed there. After crude oil price rose precipitately in the last several days, WTI oil price declined yesterday,…
How does the Middle East turmoil affecting the Brent oil WTI spread
The riots in Middle East that started more than a month back in Tunisia, later continued to Egypt and now have spread to Libya are the major news affecting the energy markets, including the recent rises in crude oil price.…
Oil prices outlook – 24 February
WTI future prices just passed the 100$ mark: the protests in Libya continues to their ninth day and Qaddaf’s recent public speech claiming he will see it through to the bitter end decreases the chances of the turmoil in Libya…
Oil prices continues to soar due to Middle East turmoil –February 23
The Middle East never was a peaceful place to begin with; however the current volatile situation in many countries in the Middle East is something that even this region hasn’t seen in a long time. As the protestors in Libya…
Europe is set to Sanction Qaddafi to stop Libya’s turmoil
In an attempt to curb the current turmoil and bloodshed in Libya the European Union is setting up sanctions to be taken against the violent oppression in Libya. These sanction may include, embargo and seizing offshore assets of Libya. For…
Oil prices outlook – 23 February
The turmoil in Libya continues and affected crude oil price (WTI and Brent) as they soar in the last couple of days. Let’s examine the recent activity in the energy market and analyze the effects of the recent news from…
Oil prices soar as Libya’s turmoil continues –February 22
The Middle East turmoil sets its toll on the energy markets, mainly crude oil, as the prices of oil soared yesterday and on Monday as the riots and uprise in Libya continues with no apparent end in the horizon. Let’s…