What is Affecting Oil Prices This Week?

Oil well

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  • Plenty of News

    The price of Brent crude ended the week at $85.14 after closing the previous week at $85.03. The price of WTI ended the week at $79.49 after closing the previous week $78.74.

  • It’s All About the Economy

    The price of Brent crude ended the week at $85.03 after closing the previous week at $91.35. The price of WTI ended the week at $78.74 after closing the previous week $84.76.

  • A Chance for Less Volatility

    The price of Brent crude ended the week at $91.35 after closing the previous week at $92.84. The price of WTI ended the week at $85.11 after closing the previous week $86.79.

  • Reaching a Plateau?

    The price of Brent crude ended the week at $92.84 after closing the previous week at $93.02. The price of WTI ended the week at $86.79 after closing the previous week $86.87. Prices rebounded in the latter part of the week after declining though Wednesday. The price of Brent, however, remains below the 200-day moving average.

  • A Brief Note

    With the holiday weekend in the US, we are putting out a brief note this week about the oil markets.

  • Push and Pull

    The price of Brent crude ended the week at $100.99 after closing the previous week at $96.72. The price of WTI ended the week at $93.06 after closing the previous week at $90.77.

  • Still Jumpy

    The price of Brent crude ended the week at $96.72 after closing the previous week at $98.15. The price of WTI ended the week at $90.77 after closing the previous week $92.09.

  • Volatility Remains a Feature

    The price of Brent crude ended the week at $98.15 after closing the previous week at $94.92. The price of WTI ended the week at $92.09 after closing the previous week $89.01. The price movement aligned with our expectation that oil prices would rebound.

  • Price Drop Below Trend – Now Where?

    The price of Brent crude ended the week at $94.92 after closing the previous week at $103.97. The price of WTI ended the week at $89.01 after closing the previous week $98.62.

  • Less Pressure for Action

    The price of Brent crude ended the week at $103.97 after closing the previous week at $103.20. The price of WTI ended the week at $98.62 after closing the previous week $94.70.

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