Oil Price Commentary

Oil Price Commentary: Thanks to the new year holiday, and due to the current unrest in Iran -one of the largest oil producers in OPEC, oil is set…

Last Week Data & Oil Market Movers: US crude oil production increased by 26,000 bbl/day to reach 9,528,000 million bbl/day Reopening of Libya oil fields (Reopening of Libya’s…

Last Week Oil Market Data: Last Week Crude Oil Price Movement: Crude oil prices closed last week at almost the same level where it started on Monday, July…

Last Week Oil Market Data: Last Week Crude Oil Price Movement: Supported by a decline in US crude oil production and rig count and a slowdown in US…

Last Week Oil Market Data: Last Week Crude Oil Price Movement: Oil prices were under pressure last week as expected in our last Week’s Oil Price Commentary. Brent crude…