Following the declines in crude oil prices two weeks back, during last week oil prices (WTI spot oil, future and Brent oil) didn’t do much and ended the week at a similar level they have started off. The turmoil in…
Crude oil prices took a big hit to the chin and fell very sharply during the last week. This correction was expected to occur; only the timing was the missing factor. Goldman Sachs already advised its clients to sell major…
Crude oil prices are still at a high level and continued to crawl up their price level. They have started off the week with falls that by the end of the week reversed direction as oil prices increased. There might…
The oil market is still hot as oil prices are nearing their record level from 2008, yet this passing week they haven’t done much as oil finished at its initial price level from the beginning of the week. The turmoil…
The war in Libya is still far from over, and the uprising in the Middle East in countries such as Syria and Yemen is progressing, and yet for most of the week crude oil prices didn’t do much and moderately…