During last week, crude oil price resumed its upward trend. According to the recent EIA report, oil stockpiles rose by 3.7MB. During last week, WTI oil rose by 2.14%; Brent oil inched down by 0.03%. As a result, the gap…
Crude oil continued to trade up as Brent oil and WTI oil sharply rose during last week. The premium of Brent oil over WTI slipped to the $17 mark. Will crude oil prices continue to trade up during the upcoming…
Crude oil prices continued their rally and increased during the week as they have done during most of 2012. The premium of Brent oil over WTI is still around the $18 mark, as the tensions between Iran and Europe remains…
Crude oil prices continued to moderately climb up as they have done during recent weeks. The big news for oil was the sharp increase in the premium of Brent over WTI as the premium reached during the week the highest…
Crude oil prices didn’t do much during last week, but there was a shift in the premium of Brent oil over WTI as it reached the highest level since November 2011. Will this premium continue to rise in the upcoming…
Crude oil prices slightly rose during last week and thus continued their trend of moderate changes of recent weeks. What should we expect for crude oil prices in February? Let’s examine the oil market the main news items and events…
Crude oil prices only slightly slipped during last week, which is similar to their slow downward trend in recent weeks. What is up ahead for crude oil prices in the penultimate week of January? Let’s analyze the oil market and…
Crude oil prices didn’t do much during last week after they had sharply rose in the first week of the year. From the supply side, there are still growing concerns of the rising tension between Iran and the West but…
Crude oil prices started off the month of January with sharp gains mainly during the first couple of days of the year. Will this upward trend continue? For the second week of January, let’s examine what is up ahead for…
Crude oil prices made a comeback and recovered during the recent week from their sharp tumble a week earlier. The positive news from the U.S. including the rally in the U.S. housing starts, the rise in demand for core durable…