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 13-17
Category: Crude Oil Forecast
crude oil forecast and outlook
Will Oil Break the $100 Mark?
In the past couple of weeks the price of oil has slowly recovered from its downward trend it had during April. Will the price break the $100 in the near future? How the recent developments in the oil market affect…
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…
Oil Weekly Outlook for April 29- May 3
The prices of crude oil (both WTI and Brent) rallied during most of last week: WTI spiked by 5.67%; Brent oil, by 3.52%. As a result, the gap between the Brent oil and WTI contracted again; the difference between Brent…
Will the oil Market Heat up Again?
The price of oil plunged during April. Will oil prices recover from its recent tumble and rally to the $100 mark? How will the shifts in the price of oil affect leading refinery companies? Let’s examine the recent developments in…
Weekly Outlook of Financial Markets for April 22-26
Last week was characterized with high volatility, in which gold and silver fell precipitately, other commodities such as oil also fell, the Euro and Aussie dollar depreciated against the USD and natural gas spiked. The upcoming week might not be…
Oil Outlook for April 22-26
The prices of crude oil (both WTI and Brent) resumed their downward trend during most of last week: WTI fell by 3.6%; Brent oil, by 3.36%. As a result, the gap between the Brent oil and WTI slightly contracted again…
Oil Weekly Outlook for April 15-19
The prices of oil (both WTI and Brent) declined again during most of last week: WTI decreased by 1.52%; Brent oil, by 0.97%. As a result, the gap between the Brent oil and WTI contracted again to its lowest level…
Oil Weekly Outlook For April 8-12
The prices of oil (both WTI and Brent) changed course and tumbled down during most of last week: WTI fell by 4.66%; Brent oil, by 5.36%. As a result, the gap between the Brent oil and WTI shrank again to…
Oil Weekly Outlook For April 1-5
During last week, the prices of oil (both WTI and Brent) rallied: WTI rose by 3.76%; Brent oil, by 2.2%. As a result, the difference between the Brent oil and WTI contracted again to its lowest level since July 2012;…