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lior

  1. Oil Prices – Weekly Outlook May 28- June 1

    by
    lior
    , 05-27-2012 at 01:22 PM
    Oil prices continued to decline during most of last week. The Brent premium over WTI slightly rose again to $17-$18 range. During the upcoming week there are several publications that may affect the oil market including the U.S non-farm payroll, pending home sales, EU monetary development, U.S GDP for Q1 2012 and U.S jobless claims.

    For the complete oil market weekly analysis at Trading NRG

    By Friday, May 25th crude oil price (WTI) edged up by 0.28% and reached $90.66/b; Brent oil also edged up by 0.1% to $107.95/b; during last week, WTI spot oil declined by 0.9% and Brent oil by 0.03%.

    The difference between Brent oil and WTI spot oil slightly increased during last week, and was in the range of ...
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