During the year (so far) the price of oil rose by nearly 5%. Most of this gain was during March. Will oil prices continue to rise? How the developments in the oil market affect leading oil and gas companies? Let’s…
Will Oil Continue to Rise?
Category: Crude Oil Forecast
crude oil forecast and outlook
Oil Weekly Outlook For March 25-29
During the previous week, oil price (WTI) inched up while Brent oil declined: WTI rose by 0.28%; Brent oil declined by 1.57%. As a result, the gap between the Brent oil and WTI shrunk again to its lowest level since…
Weekly Outlook of Financial Markets for March 18-22
Major commodities including crude oil gold and silver didn’t do much during last week. Moreover, major currencies pairs such as the Euro/USD also were little changed during the previous week. The upcoming week might bring along with it a rise…
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…
Weekly Outlook of Financial Markets for February 25 – March 1
Major commodities prices including oil, gold and silver continued to trade down during last week; major currencies pairs including the Euro and Canadian dollar also decrepitated against the USD during last week. Will commodities prices continue to decline next week?…
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…
Will Oil Come Down in 2013?
Since the beginning of the year the price of oil resumed its upward trend. Will this rally continue? Or will oil prices come down soon? What could explain the recent rise in oil prices? Let’s examine the recent developments in…