Category: Crude Oil

Oil Weekly Outlook For October 22-26

During last week, crude oil changed direction and traded down despite the deprecation of the USD against the Euro and Aussie dollar. The oil stockpiles declined again during last week by 2.6 M bl. During last week, WTI oil fell…

Weekly Outlook of Financial Markets for October 22-26

During last week, major commodities prices declined including oil, silver and gold. Several reports that may have affected forex and commodities prices: : the Philly Fed index rose again and turned positive fort he fist time since April; U.S jobless…

Crude Oil Prices – Weekly Recap October 15-19

Crude oil prices changed direction again and traded down during last week. The recent positive news of the rise in the Philly fed index didn’t seem to curb the drop in the oil prices. The difference between Brent and WTI…

Will Exxon Continue To Trade Up?

The recent fall in the price of oil didn’t seem to curb the recent rally of Exxon Mobil Corporation (NYSE: XOM). The upcoming publication of the third financial reports of the company may shed some light on the recent developments…