Category: Daily Forecast- Crude oil

Oil Prices Daily Outlook 7 July

Crude oil prices continue to moderately change with no clear direction as they are currently traded up. Today, the EIA will publish its US petroleum stocks report and natural gas report; ECB will decide its rate for July; and the…

Oil prices Monthly outlook –July 2011

Crude oil prices started off June with moderate changes and soon started to plummet mainly during the second half of June; despite this decline, will this trend continue in July or will there be a shift in direction? I will…

Oil Prices Daily Outlook 5 July

Crude oil prices started July with moderate falls, and they are currently traded up . The IEA-OPEC feud was the main talk of the day and there are still speculations around it; today, the US  Manufacturing Shipments and Orders report will…

Oil Prices Daily Outlook 30 June

Crude oil prices rose again yesterday, but they are currently traded with moderate changes. Today the US unemployment claims report will be published along with the monetary development of European Union. Here’s a short analysis and outlook of the crude…

Oil Prices Daily Outlook 29 June

Crude oil prices bounced back and rose by over 2% after they had remained nearly unchanged a day earlier. Today Greece will decide on the budget cuts, but the news doesn’t seem to stir up the market for now. Related…

Oil Prices Daily Outlook 28 June

Crude oil prices didn’t change much yesterday, as they still seek direction. Today all eyes head towards Greece and the upcoming voting on the budget cuts. On the agenda today: the US consumer confidence report will be published; Libyan conflict…

Oil prices daily outlook 27 June

Crude oil prices start the week the same way they have ended the previous one – with falls.  The Greek debt crisis is still likely to continue stirring the financial markets during the upcoming weeks and might even affect crude…

Oil prices daily outlook 23 June

Crude oil prices started the day with sharp falls as the Fed lowered its GDP growth rate for 2011. On the other hand, China might start to show an increase in crude oil. Today the US labor report and US…

Oil prices daily outlook 22 June

Crude oil prices started off the week with moderate changes; let’s examine the pressures from the demand and supply sides that might affect this market. Here’s a short analysis of the crude oil market for today, June 22nd: Crude oil…

Oil prices daily outlook 21 June

WTI crude oil price bounced back and moderately inclined yesterday. Today, the core retail sales of Canada will be published along with the U.S. existing home sales – these news items may affect the financial markets. Let’s review and analyze…