Fundamentals vs. Broader Market Factors

Members of our Short-Term Outlook can read the detailed analysis: READ THE REPORT


The price of Brent crude oil closed last week at $51.80, which was up slightly from the previous week’s close of $51.29. The price movement aligned with our expectations that oil prices would hold up – even with the ongoing concerns about COVID-19 and the impact on oil demand. These concerns were outweighed by the passage of another stimulus/recovery package that was signed by President Trump on Sunday, December 27, 2020. The price of WTI closed the week at $48.52 after closing the prior week at $48.30...

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Members of our Short-Term Outlook can read the detailed analysis: READ THE REPORT


This weekly report is an excerpt from our Short-Term Outlook service analysis, which covers a period of eight quarters and provides monthly forecasts for crude oil, natural gas, NGL, refined products, base petrochemicals and biofuels.  Contact John Paisie (+1-832-517-7544 or E-mail) for the detailed analysis or for more information about the Short Term Outlook.
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