Tag: crude oil price

Oil Prices – Weekly Recap March 11-15

Crude oil price rose again during last week. The U.S stockpiles slightly declined according to the latest EIA report. The difference between Brent and WTI has contracted again to a range between $15 and $18 during last week. The price…

OPEC’s Oil Production Slightly Rose in February

Based on the recent March report published by the Organization of the Petroleum Exporting Countries referring to the recent developments in the crude oil market during February, the OPEC oil production slightly increased during February compared with January’s oil production.…

Oil Prices – Weekly Recap March 4-8

Crude oil price changed direction and slightly increased during the previous week. The U.S stockpiles slightly fell according to the latest EIA report. The difference between Brent and WTI has shrunk again to a range between $18 and $20 during…

Natural Gas and Gold Rallied – Recap March 8th

Major commodities were traded mostly up on the last business day of the week: the prices of Brent oil fell while WTI oil rose again on Friday; natural gas Henry Hub future (short term delivery) also increased yesterday; silver and…