Crude Oil Reports
Weekly Oil Report: Quick Recovery Gave Hope
Mahnaz Golmohammadian
Oil crashed to $65 – $66 during last week after the OPEC decision. As we reported in last week review, […]
Weekly Oil Report: Calming the Market by Supply Boost
Mahnaz Golmohammadian
[vc_row][vc_column][vc_column_text]Crude sudden rising movements frightened all the covid-reviving economies and central banks. WTI and Brent could reach a 1-2 year […]
Weekly Oil Report: Fears of Crude Surge
Mahnaz Golmohammadian
[vc_row][vc_column][vc_column_text]OPEC+ meeting ended up in an unsolved dispute with no consensus on the distribution. The group refused to stop the […]
Weekly Oil Report: Crude Demand Motivating Suppliers
Mahnaz Golmohammadian
[vc_row][vc_column][vc_column_text]Crude continued the rally over the first week of July. The OPEC controversy caused a bit of fluctuation on Friday, […]
Weekly Oil Report: Crude and Petrochemicals Amused Traders
Mahnaz Golmohammadian
[vc_row][vc_column][vc_column_text] The crude oil market amused traders in the last week of June by reaching pre-pandemic levels. Brent closed the […]
Weekly Oil Report: Crude Rising in the Unsettled Market
Mahnaz Golmohammadian
In the third week of June, Brent closed at $72.43 and WTI hit $71.41 on Friday. During the week, crude […]
Weekly Oil Report: Blessed with Crude’s Market Powers
Mahnaz Golmohammadian
Last week, OPEC and IEA (International Energy Agency) brought more optimism to the market. The boost was expected as we […]
Weekly Oil Report: Demand Projections Boosted Price Growth
Mahnaz Golmohammadian
Crude finally succeeded to reach above 70 during the first week of June. On Friday, Brent closed at $71.27 and […]
Weekly Oil Report: Market Waiting for the OPEC Meeting
Mahnaz Golmohammadian
[vc_row][vc_column][vc_column_text]In the last week of May, Brent closed at $68.74 and WTI closed at $66.60. The market was green but […]
Weekly Oil Report: Iran-US negotiations and weak demand hit sentiments
Mahnaz Golmohammadian
Brent failed at $70 again and decreased about 5% last week. Brent closed at $66.39 and WTI closed at $63.85 […]
Weekly Oil Report: OPEC Still Expects More Demand
Mahnaz Golmohammadian
On 11 May, OPEC clearly stated to keep the supply steady as planned. The alliances have decided to increase production […]
Weekly Oil Report: Crude Oil Surprised the Market
Mahnaz Golmohammadian
Oil moved up surprisingly up last week after two unexpected events. DXY devaluation Stocks rise DXY dropped during the week […]