Crude oil prices continued to rally during most of last week (until the last day of the week). The recent news from the U.S showed a mixed signal as to developments in the U.S. The news of the rise in…
Crude Oil Prices – Weekly Outlook July 23-27
Tag: crude oil price forecast
Crude Oil Prices – Weekly Outlook July 16-20
Crude oil prices changed direction and rose during most of last week. The recent OPEC report and IEA monthly update didn’t show a significant change from the previous reports. The disappointing GDP growth rate of China for Q2 2012 may…
Crude Oil Prices – Weekly Outlook July 9-13
Crude oil prices shifted with an unclear trend during the first couple of days of the week but soon enough they declined mainly on the last day of the week after the U.S labor report came out and showed that…
Crude Oil Prices – Weekly Outlook July 2-6
Crude oil prices continued to dwindle during the first part of the week but by the end of the week oil, much like other commodities, hiked on account of the recent surprise resolution of the EU Summit. Will this recovery…
Crude Oil Prices – Weekly Outlook June 25-29
Crude oil prices tumbled down during last week along with many other commodities rates such as gold and silver. The FOMC revised down its projection on the U.S economy and in an effort to help jump-start the economy extended its…
Crude Oil Prices – Weekly Outlook June 18-22
Crude oil prices didn’t do much last week as the WTI nearly didn’t change on a weekly scale, while Brent oil declined by over 2%. The Brent premium over WTI edged down to $13-$14 range. The recent OPEC meeting was…
Crude Oil Prices – Weekly Outlook June 11-15
Crude oil prices bounced back during last week after they had tumbled down a week earlier. On Thursday Bernanke testified in the Senate; he voiced his concerns around the European debt crisis as it may affect the U.S economy but…
Crude Oil Prices – Weekly Outlook June 4-8
Crude oil prices plummeted during last week to their lowest levels in 2012. The disappointing U.S reports including the lower than expected growth in U.S employment may have contributed to the revised down expectations of demand for oil in the…
Crude Oil Prices – Weekly Outlook May 28- June 1
Crude oil prices continued to decline during most of last week. The Brent premium over WTI slightly rose again to $17-$18 range. During the upcoming week there are several publications that may affect the oil market including the U.S non-farm…
Crude Oil Prices – Weekly Outlook May 21-25
Crude oil prices continued their downward trend during most of last week. The Brent premium over WTI slightly increased again to the $15 -$17 range. During the upcoming week there are several reports and publications that may affect the oil…