During the previous week, crude oil price rose again: WTI oil inched up by 0.33%; Brent oil rose by 2.41%. As a result, the gap between the Brent oil and WTI expanded; the difference between Brent and WTI ranged between…
During last week, crude oil price resumed its upward trend. According to the recent EIA report, oil stockpiles rose by 3.7MB. During last week, WTI oil rose by 2.14%; Brent oil inched down by 0.03%. As a result, the gap…
During last week, crude oil prices remained nearly unchanged. According to the recent EIA report, oil stockpiles rose by 10.9MB. During last week, WTI oil rose by 0.5%; Brent oil declined by 0.6%. As a result, the gap between the…
During last week, crude oil prices rose following the optimism in markets as U.S policymakers were able to avert the fiscal cliff. According to the recent EIA report, oil stockpiles declined by 10MB. During the previous week, WTI oil rose…
During last week, crude oil prices moved with an unclear trend. According to the recent EIA report, the oil stockpiles rose by 5.9MB. During last week, WTI oil fell by 3.35%; Brent oil, by 3.8%. As a result, the gap…
During last week, crude oil prices sharply rose, which coincided with the upward trend in other commodities and stock markets. The recent conflict in the Middle East may have had some short term effect on the volatility of oil markets.…
During last week, crude oil remained nearly unchanged, which coincided with the mixed trend in the forex markets. The recent tensions in the Middle East didn’t seem to directly affect the oil market for now. According to the recent EIA…
During last week, crude oil changed direction and rose, which coincided with the modest depreciation of the USD against the Yen and Aussie dollar. The oil stockpiles rose by 0.7MB. During last week, WTI oil rose by 1.43%; Brent oil,…
During the previous week, crude oil continued their descent, which coincided with the modest appreciation of the USD against the Euro and Aussie dollar. The oil stockpiles changed remained nearly unchanged. During last week, WTI oil declined by 1.65%; Brent…
During last week, crude oil continued their downward trend, which coincided with the appreciation of the USD against the Euro and Canadian dollar. The oil stockpiles changed direction and rose during last week by 3.9 M bl. During the previous…