Tag: petroleum stockpiles

Oil Weekly Outlook For March 18-22

During the previous week, oil price (WTI) continued to rise while Brent oil slightly declined: WTI rose by 1.63%; Brent oil declined by 1.33%. As a result, the gap between the Brent oil and WTI contracted again to its lowest…

Oil Weekly Outlook For March 11-15

During last week, oil prices (WTI & Brent) changed course and slightly increased: WTI rose by 1.4%; Brent oil, by 0.41%. As a result, the gap between the Brent oil and WTI shrunk again; the difference between Brent and WTI…

Oil Weekly Outlook For March 4-8

During the previous week, oil prices (WTI & Brent) continue their downward trend: WTI decreased by 2.63%; Brent oil, by 3.24%. As a result, the gap between the Brent oil and WTI contracted again; the gap between Brent and WTI…

Oil Weekly Outlook For February 25 – March 1

During last week, crude oil prices (WTI & Brent) changed pace and tumbled down: WTI decreased by 2.85%; Brent oil, by 3.78%. As a result, the gap between the Brent oil and WTI shrunk; the difference between Brent and WTI…

Oil Weekly Outlook For February 18-22

During last week, crude oil price (WTI) remained virtually unchanged while Brent oil was traded down: WTI oil edged up by 0.15%; Brent oil declined by 1.04%. As a result, the gap between the Brent oil and WTI contracted; the…

Oil Weekly Outlook For January 21-25

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…

Oil Weekly Outlook For January 14-18

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…

Oil Weekly Outlook For January 7-11

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…

Oil Weekly Outlook For December 10-14

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…