Tag: current crude oil prices

Oil Prices Daily Outlook July 19

Crude oil prices finished yesterday with moderate falls following the moderate rises from Friday. During July crude oil prices (WTI spot oil) changed direction nine times over the past 11 business days.  The European summit on Thursday will be an…

Oil Prices Daily Outlook July 14

Crude oil prices changed direction and bounced back over the weak US dollar that fell probably due to the news of Moody’s concerns over US debt and Bernanke’s speech; according to recent US EIA report US petroleum stocks rose by…

Oil Prices Daily Outlook 8 July

Crude oil prices keep on zigzagging as they finished yesterday with sharp rises after the US oil stocks was published showing a moderate rise. Today, the Canadian and U.S. labor report will be published. Here’s a short analysis and outlook…

Oil Prices Daily Outlook 5 July

Crude oil prices started July with moderate falls, and they are currently traded up . The IEA-OPEC feud was the main talk of the day and there are still speculations around it; today, the US  Manufacturing Shipments and Orders report will…

Oil Prices Daily Outlook 30 June

Crude oil prices rose again yesterday, but they are currently traded with moderate changes. Today the US unemployment claims report will be published along with the monetary development of European Union. Here’s a short analysis and outlook of the crude…

Oil Prices Daily Outlook 29 June

Crude oil prices bounced back and rose by over 2% after they had remained nearly unchanged a day earlier. Today Greece will decide on the budget cuts, but the news doesn’t seem to stir up the market for now. Related…

Oil and gas prices bounced back –June 28

Crude oil prices (WTI and Brent spot oil) bounced back and inclined yesterday; gold and silver prices also inclined but very moderately; natural gas spot price kept on rising as well. Here is a summary of the price movements of…

Oil prices daily outlook 23 June

Crude oil prices started the day with sharp falls as the Fed lowered its GDP growth rate for 2011. On the other hand, China might start to show an increase in crude oil. Today the US labor report and US…

Oil prices daily outlook 22 June

Crude oil prices started off the week with moderate changes; let’s examine the pressures from the demand and supply sides that might affect this market. Here’s a short analysis of the crude oil market for today, June 22nd: Crude oil…