INSIGHTS
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crude
16 Mar 2023
Crude oil hits 2021 lows on banking crisis fears
Both Brent and WTI crude oil prices hit a fresh 15-month low of $71,70/b and $67,70/b during Wednesday’s trading session, or down 7%, on a broad selloff amid a turmoil...
20 Feb 2023
Crude oil fell 4% last week on the U.S. supply glut and on rate hike fears
Brent and WTI crude oil prices closed lower by about 4% last week to $83/b and $76,50/b respectively, on concerns over a U. S oil supply glut, hawkish Fed commentary,...
19 Jan 2023
Crude oil Outlook for Q1, 2023
It’s possible the fossil fuel markets (crude oil, natural gas, coal) have never had a start of the year as uncertain as in 2023. We are still amidst a changing geopolitical, social, and economic...
05 Jan 2023
Crude oil and Natural Gas plunge on recession fears and a warmer weather
Crude oil and natural gas prices have started the new year on the left footing as the growing worries about the global economy, the contraction of global manufacturing...
04 Nov 2022
Neutral Crude Oil Outlook for Q4, 2022
Energy investors will be struggling for direction and want more clarity in the final quarter of the year since the market has a lot of uncertainties and challenges on...