Tag: oil prices outlook

Oil Weekly Outlook for December 23-27

Oil price (WTI and Brent) rallied last week: WTI rose by 1.8%; Brent oil, by 2.82%. As a result, the gap of Brent oil over WTI slightly expanded: The premium ranged between $11.83 and $13.19. Last week, the EIA’s weekly…

Oil Weekly Outlook for December 16-20

Oil price (WTI and Brent) changed direction and fell last week: WTI declined by 1.08%; Brent oil, by 2.49%. As a result, the gap of Brent oil over WTI contracted: The premium ranged between $10.87 and $13.96. Last week, the…

Oil Weekly Outlook for December 9-13

Oil price (WTI and Brent) changed direction and rose last week: WTI spiked by 5.32%; Brent oil, by 1.75%. As a result, the gap of Brent oil over WTI contracted: The premium ranged between $13.6 and $17.63. Last week, the…

Oil Weekly Outlook for June 17-21

The prices of crude oil (WTI and Brent) didn’t do much during last week: WTI rose by 1.9%; Brent oil slipped by 0.26%. As a result, the difference between the Brent oil and WTI sharply contracted; the difference between Brent…

Oil Weekly Outlook for June 10-14

The prices of crude oil (WTI and Brent) changed direction and bounced back during last week: WTI increased by 4.41%; Brent oil, by 4.15%. As a result, the gap between the Brent oil and WTI remained virtually flat; the gap…

Oil Weekly Outlook for June 3-7

The rate of crude oil (both WTI and Brent) tumbled down again during last week: WTI decreased by 2.32%; Brent oil fell by 2.19%. As a result, the difference between the Brent oil and WTI remained nearly unchanged; the gap…

Oil Weekly Outlook for May 27-31

The price of crude oil (both WTI and Brent) resumed their downward trend and slightly declined during last week: WTI fell by 1.95%; Brent oil slipped by 1.04%. As a result, the gap between the Brent oil and WTI slightly…

Oil Weekly Outlook for May 20-24

The rates of crude oil (both WTI and Brent) remained virtually unchanged during last week: WTI inched down by 0.02%; Brent oil slipped by 0.18%. As a result, the difference between the Brent oil and WTI remained nearly flat; the…

Oil Weekly Outlook for May 13-17

The prices of crude oil (both WTI and Brent) didn’t do much during last week: WTI increased by 0.45%; Brent oil slipped by 0.27%. As a result, the gap between the Brent oil and WTI shrank again; the premium of…

Oil Weekly Outlook for May 6-10

The prices of crude oil (both WTI and Brent) rose again during most of last week: WTI increased by 2.81%; Brent oil, by 1%. As a result, the difference between the Brent oil and WTI shrank again; the gap between…