Category: Crude Oil

Crude Oil Prices – Weekly Recap October 8-12

oil chart WTI Brent - percent change October 8-12 2012

Crude oil prices changed direction and traded up on a weekly scale. Despite their rally they have zigzagged throughout the week but ended up rising on a weekly scale. The difference between Brent and WTI slightly rose again during last…

OPEC’s Oil Production Slightly Declined in September

According to the latest October report prepared by the Organization of the Petroleum Exporting Countries regarding the recent changes in the crude oil market for September, the OPEC oil production slightly declined during September compared with August’s oil production levels.…