In this recent EIA petroleum report, pertaining crude oil price and petroleum stocks, there is also an analysis about the recent rise in gap between the WTI and Brent oil. I have written several posts on this issue and in…
WTI Oil price declined as investors curb their enthusiasm – February 24
The tension in Libya continues, and the UN plans a series of sanctions against Qaddafi’s regime in an attempt to stop the bloodshed there. After crude oil price rose precipitately in the last several days, WTI oil price declined yesterday,…
Natural gas prices outlook– 24 February
Let’s examine the expectations of natural gas spot price direction in the next several days: As of 13.41 PM GMT, natural gas future price (Henry Hub) declined by 1.28% or 0.05$/mmbtu to reach 3.85$/mmbtu. As we have seen all week…
How does the Middle East turmoil affecting the Brent oil WTI spread
The riots in Middle East that started more than a month back in Tunisia, later continued to Egypt and now have spread to Libya are the major news affecting the energy markets, including the recent rises in crude oil price.…
Oil prices outlook – 24 February
WTI future prices just passed the 100$ mark: the protests in Libya continues to their ninth day and Qaddaf’s recent public speech claiming he will see it through to the bitter end decreases the chances of the turmoil in Libya…
Oil prices continues to soar due to Middle East turmoil –February 23
The Middle East never was a peaceful place to begin with; however the current volatile situation in many countries in the Middle East is something that even this region hasn’t seen in a long time. As the protestors in Libya…