The oil prices continue to zigzag as WTI prices moderately increased yesterday, while Brent oil didn’t do much. Current oil prices are falling. Let’s examine the oil market for today, April 15th , including the G20 meeting today. G20 Meeting…
Category: Daily Forecast- Crude oil
Crude oil prices outlook – 14 April
The declines of oil prices from the beginning of the week has subsided as WTI and Brent oil prices bounced back yesterday with moderate rises. Current oil prices continue to rise. Let’s examine the main news for today, April 14th…
Crude oil prices outlook – 13 April
The Goldman Sachs effect is still upon the oil market and oil prices fell yesterday for the second straight day. As a result, WTI price reached its lowest level this month. Will this downward trend continue? Let’s examine the…
Crude oil prices outlook – 12 April
The reverse the oil prices took yesterday as they declined after they increased on Friday, might have something to do with the recent Goldman Sachs report, according to Reuters, as GS advised to “lock-in trading profits before oil and other…
Crude oil prices outlook – 11 April
Let’s examine the main news for today, April 11th that might affect the crude oil markets. Libyan conflict – is there an end in sight? The ceasefire plan, which was comprised by the Africa Union, to which Qaddafi had agreed…
Crude oil prices outlook – 8 April
Crude oil prices started to rise again: yesterday WTI spot oil price increased by 1.35% while Brent oil rose by 0.61%. Current oil prices are rising in Europe with WTI crossing the 110$/b mark. Let’s examine the main news for…
Crude oil prices outlook – 7 April
The Petroleum stocks didn’t change much during last week, according to recent EIA report. The crude oil prices continue to zigzag with no clear trend and yesterday WTI spot and May delivery futures moderately inclined, while Brent oil moderately declined.…
Crude oil prices forecast for 6 April 2011
Crude oil prices didn’t do much yesterday and there is still little changes in Brent and WTI oil prices. The premium of Brent oil over WTI remains around the 10-14$/b as it did in recent weeks. Will this apparent ease…
Crude oil prices outlook – 5 April
Crude oil prices moderately inclined yesterday and thus the unclear trend for oil prices continue. Current oil prices are moderately declining. Let’s examine the main news for today, April 5th that might affect the crude oil markets. Libyan conflict…
Crude oil price forecast for 4 April 2011
Crude oil prices started April with moderate rises; the main news from last week, including the ongoing war in Libya and the recent US Labor report had little to no affect on oil prices. Current oil prices are moderately rising.…