A Brief Note

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

As we pointed out last week, the price of Brent crude has been lingering around the 200-day moving average and facing several factors putting downward pressure on oil prices – and at the beginning of the week oil prices are still languishing.

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