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The crude oil markets were all over the place during the course of the week, as we are hanging about the $75 level. Ultimately, this is a market that looks as if it is continuing to struggle with ...
Crude oil markets started out relatively stable during the week but got hammered after the jobs report sent interest rates much higher in America.
Crude oil markets had a choppy and somewhat sideways session on Monday to kick off the week, as we are starting to see a bit of exhaustion enter the market. Crude Oil Price Forecast – Crude Oil ...
Brent crude futures rose to $74.60 a barrel on Tuesday and US West Texas Intermediate crude was up at $71.66 a barrel. For the year, Brent declined 3.2%, while WTI was down 0.1%. For the year ...
The next week, Brent reached $87.55, the highest since April, and WTI closed at $83.88, highest in 11 weeks. U.S. crude stocks were down, the dollar was weak and high U.S. demand was forecast. [63] The next week Brent was down nearly 2 percent to $85.03 after going up for four weeks. WTI fell more than 1 percent to $82.21.
The crude oil markets pulled back just a bit during the course of the trading session on Monday, as we have seen a certain amount of exhaustion after popping last week. Crude Oil Price Forecast ...