January 17, 2022

Weekly Oil Report: Crude Surged Ignoring China Attempts to Stop It

Supply constraints and dollar weakness stimulated crude oil by over 6% during the week. Brent closed at $85.66 and WTI got to $84.39 on the Friday
January 10, 2022

Weekly Oil Report: Gains Following Supply Uncertainty

Crude price gain amused many market participants for the third week. Brent and WTI managed to grow by over 5% during the week. Finally, Brent closed
January 3, 2022

Weekly Oil Report: Tighter Supply and Omicron Concerns

Finally, 2022 is here and many countries are in their Christmas holidays. Stock markets and banks were almost closed as well; therefore, market activities and trade
December 27, 2021

Weekly Oil Report: Holidays and Lockdowns Ruling over

Christmas is here and crude oil finished the year in the same range as last two weeks. Holidays got markets into sleep in many countries. Brent
December 20, 2021

Weekly Oil Report: Crude Slides Under Pressure of Omicron

Getting closer to the end of 2021, crude oil is still under $75, as we mentioned in last week report on Monday. The market is full
December 13, 2021

Weekly Oil Report: 2021, the Year of Uncertainties and Doubts

Crude got the chance to gain around 9% last week after news about the low risks of Omicron. Brent closed at $74.96 and WTI closed at
December 6, 2021

Weekly Oil Report: OPEC Soothed the Tensions

Crude was still under negative sentiments during the last week of November. Falling by about 10%, Brent closed at $69.56 and WTI touched $66.39 at the
November 29, 2021

Weekly Oil Report: Covid Helped Biden with Crude

New fears have shocked markets of stocks and commodities. Crude oil that surprised traders by the rapid rally during recent weeks, stood as the leader of
November 22, 2021

Weekly Oil Report: Situation Turns Against Crude Rally

Bearish news could take over the few bullish factors of the market during last week. Brent oil closed the week at $77.69 and WTI fell to
November 15, 2021

Weekly Oil Report: Hesitations Lingering in the Markets

Oil was still under pressure by dollar powering, possible supply increase, and next year demand outlook. Accordingly, Brent finished the week with a loss at $81.14
November 8, 2021

Weekly Oil Report: Bullish and Bearish Aspects of the Market

After the third week of oil fall, the market began the week with a slight bullish gap. Brent and WTI closed the week at $81.73 and
November 1, 2021

Weekly Oil Report: Fundamentalists Are still in Fond of Crude

Oil experienced the second week of loss at the end of October. The fall can be considered as a price correction after several consecutive weeks of