Category: Crude Oil

Oil Weekly Outlook For October 8-12

During last week, crude oil prices shifted with an unclear trend as the price of WTI oil slipped while Brent oil edged up. Due to the different paths these oil prices followed, the gap between the Brent oil and WTI…

Weekly Outlook of Financial Markets for October 8-12

During last week, there were some reports that may have affected forex and commodities prices: the U.S non-farm payroll report showed a gain of 114k in jobs during September; U.S manufacturing PMI index rose to 51.5%. These reports may have…

Crude Oil Prices – Weekly Recap October 1-5

Crude oil prices resumed their downward during last week. Despite their rally they have increased on Thursday perhaps over the rally of the Euro and other “risk currencies”. The difference between Brent and WTI increased again during last week. The…