Yesterday there was no trade in the U.S. due to Martin Luther King Day; however, Brent oil was traded in Europe and it moderately declined: on 17/1/2011 it settled at 97.3 $/b a 0.83% fall. Crude oil price (Dated Brent…
Category: Crude Oil
Crude oil price outlook – 17 January
After last week’s bullish behavior of crude oil price, as the WIT spot price increased by 2.6% and Brent spot by 3.2%, there is an ongoing speculation around crude oil price to continue rising this week and reaching the 100$…
Weekly outlook for Crude oil, Natural gas and Gold 17-21 January
Here is a weekly outlook for the week of January 17th to 21st showing the news items and reports that will be published this coming week mainly related to the US, Canada and EURO economies; This forecast will provide some…
Crude oil price & natural gas price – Weekly recap January 10-14
During the passing week, crude oil price experienced an upward trend while natural gas spot price didn’t show any clear trend however did manage to fall by the end of the week compare to the beginning. I will present the…
Crude oil, Natural gas & Gold prices – daily recap January 14
Crude oil price, after falling on Thursday by 0.5% for WTI spot, the WTI spot price increased yesterday, very moderately, by 0.15% to settle at 91.54 $/b, while Brent price rose by 0.87% and reached 98.11$/b. As a result the…
Crude oil, Natural gas & Silver prices – daily recap January 13
Crude oil price, after rising all week, the WTI spot price fell yesterday, very moderately, by 0.5%, while Brent price fell by 0.07%. Despite this recent decline, crude oil price (WTI) is still up this week by 2.4%, and Brent…
Petroleum stocks review – January 13
In this recent EIA report on crude oil, gasoline and propane stocks, production, consumption and prices it also refers to its recent yearly outlook on energy market in 2011, including on crude oil price. According to the report, the EIA…
Crude oil price outlook in 2011 – EIA report
The EIA has published its 2011 crude oil outlook, including a crude oil price outlook. According to the report, expects crude oil price (WTI spot) in 2011, on average, to be 93 USD/b, which is 14$/b higher than the average…
Natural gas, Crude oil & Gold prices – daily recap January 12
Natural gas spot price (Henry Hub) after showing weakness all week, yesterday it bounced back with a sharp rise of 2.94%, settling on 4.55 USD/MMBTU. As a result, the Henry Hub spot price returned to its level back at the…
Natural gas, Silver & Crude oil prices – daily recap January 11
Natural gas spot price (Henry Hub) continues to show weakness, as I have referred to before. Yesterday, it fell by a moderately 0.45%. For the entire month, up to yesterday, the price fell by nearly 3%. Due to the cold…