The declines of oil prices from the beginning of the week has subsided as WTI and Brent oil prices bounced back yesterday with moderate rises. Current oil prices continue to rise. Let’s examine the main news for today, April 14th…
Tag: crude oil price forecast
Crude oil prices outlook – 13 April
The Goldman Sachs effect is still upon the oil market and oil prices fell yesterday for the second straight day. As a result, WTI price reached its lowest level this month. Will this downward trend continue? Let’s examine the…
Crude oil prices outlook – 12 April
The reverse the oil prices took yesterday as they declined after they increased on Friday, might have something to do with the recent Goldman Sachs report, according to Reuters, as GS advised to “lock-in trading profits before oil and other…
Crude oil prices outlook – 11 April
Let’s examine the main news for today, April 11th that might affect the crude oil markets. Libyan conflict – is there an end in sight? The ceasefire plan, which was comprised by the Africa Union, to which Qaddafi had agreed…
Crude oil prices outlook – 8 April
Crude oil prices started to rise again: yesterday WTI spot oil price increased by 1.35% while Brent oil rose by 0.61%. Current oil prices are rising in Europe with WTI crossing the 110$/b mark. Let’s examine the main news for…
Crude oil prices outlook – 1 April 2011
Crude oil prices closed the month of March with rises partly might be due to the expiry of the April futures. Current oil prices are moderately rising. Here’s the main news items relates to the crude oil market for April…