The recent rally in the price of oil has also resulted in a drop in the spread between Brent and WTI. Nonetheless, this spread is still up for the year and could start to pick up again if the price…
Is The Brent-WTI Spread About To Widen?
Category: Crude Oil Forecast
crude oil forecast and outlook
Financial Market Preview for March 23-27
The FOMC’s latest meeting provided additional volatility to the financial markets as the tone was slightly more dovish than expected. The aftermath of this meeting is likely to further linger in the financial markets in the coming days. On this…
Financial Market Preview for March 9-13
The recent NFP payroll report showed, yet again, another strong gain in jobs with 295K jobs added last month and rate of unemployment fell to 5.5%. This news fueled gains in the U.S. dollar and dragged down gold and silver…
Financial Market Preview for March 2-6
As the whole debacle around the Greek debt crisis dissipates and takes the backburner for the near term, other economic developments could retake the center stage including the changes in the monetary policy of the FOMC and ECB. In the…
Financial Market Preview for February 23-27
The Greek debt crisis seems to have reached, for now, a solution. The Greeks basically gave in to the Germans in regards to the whole austerity. The Greeks will need to submit on Monday proposal for reforms, which will need…
Questions for traders, State of Fed, Greek crisis, oil, gold and GBP – Market Movers #38
A packed show awaits you, our listeners, in which we cover a wide variety of market moving events, covering commodities, the next moves in the dollar, euro and pound as well as a time for pausing and reflecting on trading…
Financial Market Preview for February 16 -20
The volatility in the financial markets continues as the tensions between ECB and Greece’s new elected government progresses. This week, the Euro group and ECOFIN summits are likely to further discuss the Greek debt situation. Other publications and events to…
Do Oil Rig Counts Matter?
In the past few weeks oil has demonstrated signs of recovery. This rally was driven, in part, by the adjustments in market expectations of a slowdown in the U.S. oil production as major oil producers have been cutting down their…
Financial Market Preview for February 9-13
The U.S. NF payroll report presented higher growth in jobs than market expectations and a rise in wages. This news was enough to bring up the US dollar. Looking forward, the JOLTS report, the other labor market monthly update, will…
Oil Could Start to Pick Up in the Second Half of 2015
The oil market has seen a sharp rise in prices last week, but it still below $50 per barrel. The recent developments in the oil market could suggest high volatility in prices in the near term and a potential rally…