Crude oil prices start off the day with moderate rises, just like other major commodities; these rises, however, might switch direction during the day. Let’s examine the recent updates related to crude oil market for May 31st: Crude oil prices…
Tag: crude oil price forecast
Will the recent rally in oil prices last? Daily outlook 26 May
Crude oil prices have enjoyed from a rally in the last couple of day. Will this rally continue? The current status in the commodities markets show that crude oil prices are traded down. What is stimulating the recent rally? Let’s…
Oil prices daily outlook 25 May
Crude oil prices are currently trading up, as they did yesterday. What is next for oil today? Let’s examine the recent news related to crude oil trading for today, May 25th: Crude oil prices – May update Yesterday, May 24th,…
Oil prices currently rise – Oil outlook 18 May
Crude oil prices continue to fluctuate at a very moderate rate compared to the first week of May in which they fell very precipitately; oil prices are currently traded with moderate rises but as the day will progress you may…
Oil prices start off the day rising – Oil outlook 17 May
The crude oil market continue to remain put as the WTI oil price remains near the 100$ mark. The day started off with moderate rises. Let’s examine the recent news related to the crude oil market for today, May 17th:…
Oil prices start the day with moderate falls – Oil outlook 11 May
Crude oil prices continued to rise yesterday, but currently crude oil prices are traded with moderate falls; Let’s examine the recent news related to the crude oil market for today, May 11th: Crude oil prices – May Yesterday, crude oil…
Oil prices fell very sharply yesterday, what’s next? – Oil outlook 6 May
Crude oil prices fell very sharply yesterday. These falls were related, in part to the 2% bump in USD compared to EURO. What is headed for oil prices today? Let’s examine the recent news related to the crude oil market…
Oil prices continued to fall what’s next? – oil outlook 5 May
Crude oil prices are currently falling very precipitately; after WTI spot oil price declined for three straight days by a total of 3.7% and Brent oil by 4.7%, current oil prices (see below) show drops of nearly 6%. What is…
Oil prices outlook 4 May
Crude oil prices kept on declining for the second straight day and during May WTI spot oil price fell by 2.5% and Brent oil by 3.2%. What is headed for oil prices today? Let’s examine the oil market and the…
Oil prices outlook 3 May
The oil markets continue to trade down but moderately, with no clear trend yet. The news on how the US forces located and killed the known terrorist – Obama bin Laden continue to occupy the news, but after the initial…