Author: John E. Paisie
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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…
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What’s Affecting Oil Prices This Week? (Nov. 18, 2024)
The price of Brent crude ended the week at $71.05 after closing the previous week at $72.90. The price of WTI ended the week at $66.95 after closing the previous week at $70.43. The price of DME Oman crude ended the week at $70.24 after closing the previous week at $72.78. (Source: Stratas Advisors) Oil…
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What’s Affecting Oil Prices This Week? (Oct. 21, 2024)
The price of Brent crude ended the week at $73.17 after closing the previous week at $78.79. The price of WTI ended the week at $69.35 after closing the previous week at $75.49. The price of DME Oman crude ended the week at $72.64 after closing the previous week at $78.58. (Source: Stratas Advisors) Oil…