Following the sharp falls of crude oil prices during last week, this week might also present a drop in prices. Today the European summit (The Economic and Financial Affairs Council) will be among the main events that could stir up…
Following yesterday’s slow trading day in which crude oil prices didn’t change much, they are currently traded down; will this decline continue? Let’s review and analyze the crude oil market for today, June 17th: Crude oil prices – June 2011…
Crude oil prices fell very sharply yesterday; the last time there was such a sharp fall was back in May 11th when WTI spot oil declined by 5.33%. Before that oil prices fell sharply by 8.18% on May 5th; in…
Crude oil prices started the day with sharp falls. Today the US CPI will be published along with the US petroleum and oil report. Let’s review and analyze the crude oil market for today, June 15th: Crude oil prices –…
Crude oil prices continue to moderately changed, but during recent days there has been an upward trend in the difference between Brent oil and WTI oil spot prices. Will this trend continue? Let’s review and analyze the crude oil market…
Crude oil prices started off the month of May with sharp falls which were stimulated, in part, by the appreciation of US dollar against major currencies; oil prices gained back some of their value by the end of the month.…
Crude oil prices had a bit of a comeback in the last couple of days. The recent OPEC meeting didn’t bring any annunciation in regards to OPEC’s oil production quota. This might keep oil prices at their current high level.…
Crude oil prices continue to fluctuate very moderately, despite the ongoing turmoil in the Middle East; OPEC meeting is being held today, and EIA will publish its weekly crude oil report on oil stockpiles, consumption and production in the U.S.…
Crude oil prices started the week the same way they have ended the previous week, with moderate falls; the upcoming OPEC meeting in which OPEC will set up its oil production in 2011 might affect the future oil prices. Let’s…
Crude oil prices started the week the same way they have ended the previous week, with moderate falls; the upcoming OPEC meeting will set up its oil production in 2011. Let’s examine the crude oil market for today, June 6th:…