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Whats Affecting Oil Prices This Week? (March 22, 2021)
2021-03-22 18:00:00| OGI
In its latest oil price forecast, Stratas Advisors explores whether more downside is on the horizon after last weeks price decline which was the first significant decline in oil prices since the beginning of March when the market was waiting for the outcome of the OPEC+ meeting.
Whats Affecting Oil Prices This Week? (March 15, 2021)
2021-03-15 18:30:00| OGI
The price of Brent crude oil closed last week at $69.22 after closing the previous week at $69.36. In similar fashion, WTI closed the week at $65.61 after closing the previous week at $66.09.
Whats Affecting Oil Prices This Week? (March 8, 2021)
2021-03-08 19:00:00| OGI
The oil markets reacted strongly to the news coming out of the recent OPEC+ meeting, says Stratas Advisors in its latest oil price forecast noting several more bullish signs that will continue to have an impact on oil prices for the week ahead.
Oil Prices Soar to Near 14-month High as OPEC+ Extends Output Cuts
2021-03-05 11:20:00| OGI
Both Brent and WTI contracts surged more than 4% on March 5 after OPEC and allies, together called OPEC+, extended oil output cuts into April, granting small exemptions to Russia and Kazakhstan.
Whats Affecting Oil Prices This Week? (March 1, 2021)
2021-03-01 19:00:00| OGI
Growing optimism, growing risks? The price of Brent crude closed last week at $64.63 after reaching $66.78 on Feb. 25, but was still up for the week by 2.73%, Stratas Advisors says in its latest oil price forecast.
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