Tag: US oil stockpiles

Crude Oil Prices – Weekly Recap December 10-14

Crude oil prices changed direction and rose during last week. The U.S stockpiles increased according to the recent EIA report. The gap between Brent and WTI remained at the range between $20 and $22 during last week. Brent increased by…

Crude Oil Prices – Weekly Recap December 3-7

Crude oil prices moved with an unclear trend during last week as Brent edged down while WTI oil slightly rose. U.S stockpiles rose according to the recent EIA report. The gap between Brent and WTI slightly narrowed to the $20-$22…

Crude Oil Prices – Weekly Recap November 26-30

Crude oil prices moved with an unclear trend during last week as Brent edged down while WTI oil slightly rose. U.S stockpiles slightly declined according to the recent EIA report. The gap between Brent and WTI slightly remained at the…

Crude Oil Prices – Weekly Recap November 19-23

Crude oil prices rose during most of last week. The high volatility in the oil market was mostly during the beginning of the week, perhaps on account of the tensions in the Middle East and recent conflict between Israel and…

Crude Oil Prices – Weekly Recap November 12-16

Crude oil prices shifted with an unclear trend during the week. The low volatility in the oil market was also the case for other commodities such as gold and in the forex markets. The difference between Brent and WTI remained…

Crude Oil Prices – Weekly Recap October 15-19

Crude oil prices changed direction again and traded down during last week. The recent positive news of the rise in the Philly fed index didn’t seem to curb the drop in the oil prices. The difference between Brent and WTI…

Crude Oil Prices – Weekly Recap October 1-5

Crude oil prices resumed their downward during last week. Despite their rally they have increased on Thursday perhaps over the rally of the Euro and other “risk currencies”. The difference between Brent and WTI increased again during last week. The…

Crude Oil Prices – Weekly Recap September 24-28

Crude oil prices moved with an unclear trend during last week. The difference between Brent and WTI rose during last week. The oil stockpiles changed direction and fell during last week by 2.6 M bl. WTI oil declined by 0.45%…

Crude Oil Prices – Weekly Recap September 17-21

Crude oil prices changed direction and after they had increased during the first couple weeks of September, they have tumbled down during most of last week. The difference between Brent and WTI also rose during last week. The oil stockpiles…