Oil Weekly Outlook For November 12-16

During last week, crude oil changed direction and rose, which coincided with the modest depreciation of the USD against the Yen and Aussie dollar. The oil stockpiles rose by 0.7MB. During last week, WTI oil rose by 1.43%; Brent oil,…

Crude Oil Prices – Weekly Recap November 5-9

Crude oil prices zigzagged during the week but by the end of the week they have ended higher than their price from the beginning of the week. The recent Presidential elections are over, but during last week it may have…

OPEC’s Oil Production Slightly Decreased in October

According to the recent November report published by the Organization of the Petroleum Exporting Countries regarding the recent developments in the crude oil market for October, the OPEC oil production slightly decreased again during October compared with September’s oil production…

Natural Gas Price– Weekly Recap November 5-9

Natural gas (short term delivery) started off the week rising but by the end of the week it changed direction and tumbled down precipitately. The NG storage expanded again by a slower pace than last year and than the five…