Category: Crude Oil

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 Prices – Weekly Recap March 11-15

Crude oil price rose again during last week. The U.S stockpiles slightly declined according to the latest EIA report. The difference between Brent and WTI has contracted again to a range between $15 and $18 during last week. The price…