In this recent EIA petroleum report, pertaining crude oil price and petroleum stocks, there is also an analysis about the recent rise in gap between the WTI and Brent oil. I have written several posts on this issue and in…
Tag: Petroleum stocks
Oil prices outlook – 17 February
Crude oil price (WTI) rose yesterday despite the ongoing downward trend it experienced during 2011. Let’s examine this behavior: The main news related to the recent changes in crude oil prices come from the US and Middle East. In the…
Petroleum stocks decline for first time in weeks – February 17
The EIA recent energy report, pertaining crude oil price and petroleum stocks, referred to Groundhog Day. The EIA analysts suggest that Americans shouldn’t wait for Groundhog Day in planning their purchasing of heating oil. Since, according to EIA calculations, the…
Oil prices outlook – 16 February
Crude oil price (WTI) declined yesterday as part of the ongoing downward trend it experienced during2011. Let’s examine this behavior: Yesterday crude oil price (WTI spot) fell for the third straight business day, by 0.58% as it settled on 84.32$/b…
Petroleum stocks on the rise – February 10
In this week’s EIA energy report, pertaining crude oil price and petroleum stocks, there is an excellent critic the EIA analysts have pointed out the peril of putting too much weight into these weekly reports and oil data. They pointed…
Petroleum stocks keep on rising – February 3
In the recent EIA energy report, which was published yesterday, and pertaining crude oil price and petroleum stocks, there is an analysis of the major producers and refineries of oil financial reports for the third quarter of 2010. The main…
Brent oil price continues rally while WTI oil declines – February 1
Following the news from Egypt in which President Hosni Mubarak announced he won’t seek another term in presidency, it seems that the pressure in the energy markets has subsided a bit as WTI crude oil price declined, while Brent oil…
Petroleum stocks continue to rise – January 27
The EIA analyzes in its recent weekly report on crude oil price and petroleum stocks, the transportation sector in the US. According the report, the transportation sector accounted for 72% of the total petroleum demand in 2009, and all things…
Crude oil price daily outlook – 26 January
Crude oil price (WTI and Brent) fell yesterday and will probably continue to do so as the week will progress. Today the EIA will issue its weekly report on petroleum stocks. Here is the main news pertaining crude oil price:…
Oil prices continue to fall – Weekly recap January 18-21
Crude oil price after all three major indexes (WTI spot, WTI future and Brent spot) were moving mostly in sync in the past, this week they separated, as the WTI spot fell below 88$/b, WTI future (February delivery) declined to…