Tag: crude oil price forecast

Oil Prices – Daily Outlook September 20

Crude oil prices started the week with sharp falls. The appreciation of USD against major currencies such as Euro, AUD and CAD might be among the factors that affected oil prices to trade down in recent days. Today, the Euro…

Oil Prices – Daily Outlook September 19

Crude oil prices ended the week falling, resulting in WTI oil price losing only 0.96% of it value during September (up to date) and Brent oil shed 1.8% of its value. The recent appreciation of USD on Friday may have…

Oil Prices – Daily Outlook September 15

Crude oil prices changed directions again and fell yesterday, despite the ongoing rally of the US stock markets. The USD slightly depreciated against the Euro. This recent decline may just be a correction, as crude oil prices are currently traded…

Oil Prices – Daily Outlook September 14

WTI oil prices inclined yesterday and thus followed the modest gains in the US stock markets. The gap between Brent oil and WTI oil prices continues to close. The speculations around the Euro Area debt crisis will probably continue to…

Oil Prices – Daily Outlook September 13

Crude oil prices changed direction along with the US stock markets and ended yesterday with light gains. The slight fall of the USD against major currencies such as Euro and CAD also provided some backwind for crude oil prices’ bounce…

Oil Prices – Daily Outlook September 12

Crude oil prices ended the week with sharp falls over the appreciation of the US dollar and the decline of US stock markets. The concerns over a Greek debt default may continue to affect trading and uncertainty in the financial…

Oil Prices – Daily Outlook September 9

Crude oil prices continue to zigzag and moderately fell yesterday; these shifts in directions are in line with the shifts in the US stock markets; currently crude oil prices are traded down along with the US stock markets. Yesterday, the…

Oil Prices – Daily Outlook September 8

Crude oil prices changed direction and sharply inclined while major stock markets including the S&P500 rose as well. Currently, crude oil prices are traded with moderate falls. Today, the ECB rate decision will be announced, the EIA natural gas report…

Oil Prices – Daily Outlook September 7

Crude oil prices started September with moderate falls, which is consistent with the declines in the major stock markets including the S&P500. Yesterday the spread between Brent oil and WTI oil reached a new high.  Currently, crude oil prices are…

Oil Prices – Daily Outlook September 1

Crude oil prices finished August with moderate falls, despite the rise in the major stock markets including the S&P500. Currently, crude oil prices are treaded down. Today, the US unemployment claims report will be, the natural gas EIA report and US’s ISM…