Author: John E. Paisie
-
What’s Affecting Oil Prices This Week? (March 10, 2025)
The price of Brent crude ended the week at $70.45 after closing the previous week at $73.11. The price of WTI ended the week at $67.05 after closing the previous week at $70.04. The price of DME Oman crude ended the week at $71.17. (Source: Stratas Advisors) At the beginning of last week, we expressed…
-
Paisie: Impact of Tariffs, Sanctions and ‘Drill, Baby, Drill’
Much of the news so far this year has been dominated by external factors that can affect the oil market. These factors include the imposition of tariffs, the expansion of sanctions and calls for increased oil supply. This month, we look at each of these factors and the expected implications. Tariffs Early in February, President…
-
What’s Affecting Oil Prices This Week? (Feb. 24, 2025)
The price of Brent crude ended the week at $73.84 after closing the previous week at $74.57. The price of WTI ended the week at $70.22 after closing the previous week at $70.57. The price of DME Oman crude ended the week at $76.91. (Source: Stratas Advisors) At the beginning of last week, we expressed…
-
What’s Affecting Oil Prices This Week? (Feb. 18, 2025)
The price of Brent crude oil ended the week at $74.57, after closing the previous week at $74.73. The price of WTI ended the week at $70.57 after closing the previous week at $71.06. The price of DME Oman crude ended the week at $77.07. (Source: Stratas Advisors) At the beginning of last week, we…
-
What’s Affecting Oil Prices This Week? (Feb. 10, 2025)
The price of Brent crude oil ended the week at $74.73 after closing the previous week at $76.48. The price of WTI ended the week at $71.06 after closing the previous week at $73.68. The price of DME Oman crude ended the week at $76.63. (Source: Stratas Advisors) At the beginning of last week, we…
-
What’s Affecting Oil Prices This Week? (Jan. 27, 2025)
The price of Brent crude ended the week at $77.46 after closing the previous week at $80.79. The price of WTI ended the week at $74.58 after closing the previous week at $77.58. The price of DME Oman crude ended the week at $76.03. With last week’s decrease in prices, oil prices have fallen back…
-
What’s Affecting Oil Prices This Week? (Jan. 6, 2025)
The price of Brent crude ended the week at $76.70 after closing the previous week at $74.18. The price of WTI ended the week at $74.02 after closing the previous week at $70.65. The price of DME Oman crude ended the week at $76.94 after closing the previous week at $74.86. (Source: Stratas Advisors) We…
-
What’s Affecting Oil Prices This Week? (Dec. 23, 2024)
The price of Brent crude ended the week at $72.91 after closing the previous week at $74.31. The price of WTI ended the week at $69.47 after closing the previous week at $71.06. The price of DME Oman crude ended the week at $73.03 after closing the previous week at $74.38. (Source: Stratas Advisors) At…
-
What’s Affecting Oil Prices This Week? (Dec. 16, 2024)
The price of Brent crude ended the week at $74.31 after closing the previous week at $71.07. The price of WTI ended the week at $71.06 after closing the previous week at $67.15. The price of DME Oman crude ended the week at $74.38 after closing the previous week at $70.78. (Source: Stratas Advisors) At…
-
Paisie: Favorable Fundamentals Will Lift 4Q Crude Prices
Since the latter part of July, oil prices have bounced around from highs to lows approaching a difference nearing $20/bbl because of the competition between factors that are both positive and negative for oil prices. Concerns about China’s economy and the influence on the extent of oil demand growth has been a recurring theme for…