Category: Daily Forecast- Crude oil

Crude Oil Prices – Weekly Outlook December 19-23

Crude oil prices sharply declined during last week after oil prices had moderately inclined during November and October.  The recent FOMC meeting stirred up the commodities markets and may have been among the factors to push down crude oil prices,…

Crude Oil Prices – Weekly Outlook December 12-16

Crude oil prices slightly declined during last week after oil prices rose during the past couple of months including November and October.  There are many news items on next week’s agenda including the OPEC meeting and OPEC and IEA’s monthly report…

Crude Oil Prices – Weekly Outlook December 5-9

Crude oil prices finished the week on a positive note along with the rest of the markets such as the American stock markets. The positive reports that were in published in the U.S. during last week including the U.S. labor…

Crude Oil Prices – Weekly Outlook November 14-18

Crude oil prices rallies during most of last week and may also continue their upward trend in the upcoming week depending on the development in Europe and U.S.  Currently crude oil prices are traded slightly down. The recent news from…

Crude Oil Prices – Daily Outlook November 7

Crude oil prices curbed their rally during last week after they had sharply inclined during October. Currently crude oil prices are traded slightly up. Today, the German Industrial Production will be published, and the Australian Trade balance report.  Here’s an…

Crude Oil Prices – Daily Outlook October 31

Crude oil prices recorded sharp gains in recent weeks and October as a whole will be one of the best performing months of 2011 for crude oil prices.  The U.S. GDP rate reached a bigger than expected rate of 2.5%…

Crude Oil Prices – Daily Outlook October 25

Crude oil prices very sharply inclined yesterday; this increase is probably related to the renewed expectations of sharp gains in the demand for oil in the American market. Currently crude oil prices are traded up. Today, U.S Consumer Confidence report…

Crude Oil Prices – Daily Outlook October 24

WTI oil price slightly inclined during most of last week which coincided with the sharp rally in the U.S stock markets. Currently crude oil prices are traded slightly up. Today, Trichet will speak in an ECB Press Conference; the Euro…