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WTI Weekly FX Forecasts

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Weekly Report Monday 21 August 2017 - Friday 25 August 2017
Weekly Report Monday 21 August 2017 - Friday 25 August 2017
20170825 Weekly Report Monday 21 August 2017 – Friday 25 August 2017   ENERGY WTI crude oil rolled to October contract last week and started week strongly in red, falling nearly 2% on Monday. Fresh weakness from week’s high at $48.72 per barrel came on profit-taking after last Friday’s strong rally ...
22
Weekly Report Monday 14 August 2017 - Friday 18 august 2017
Weekly Report Monday 14 August 2017 - Friday 18 august 2017
20170818 Weekly Report Monday 14 August 2017 – Friday 18 August 2017   ENERGY WTI oil jumped strongly on Friday after unconfirmed reports of a shutdown of one of the largest oil refineries in the US eased concerns about global oversupply which kept oil prices under pressure for the most of the week....
35
Weekly Report Monday 7 August 2017 - Friday 11 August 2017
Weekly Report Monday 7 August 2017 - Friday 11 August 2017
20170811 Weekly Report Monday 07 August 2017 – Friday 11 August 2017   ENERGY Crude oil ended the second consecutive week in red, pressured by fears of global oversupply. WTI contract for September delivery was down around 1.6% for the week, while September contract of UK Brent oil registered smalle...
35
Weekly Report Monday 31 July 2017 - Friday 04 August 2017
Weekly Report Monday 31 July 2017 - Friday 04 August 2017
20170804 Weekly Report Monday 31 July 2017 – Friday 04 August 2017   ENERGY WTI oil ended week in red, despite extending last week’s strong rally and probed above psychological $50 per barrel resistance on Mon/Tue, but gains proved to be short-lived. Oil prices fell 2.8% percent on Tuesday, with ris...
22
Weekly Report Monday 17 July 2017 - Friday 21 July 2017
Weekly Report Monday 17 July 2017 - Friday 21 July 2017
20170721 Weekly Report Monday 17 July 2017 – Friday 21 July 2017   ENERGY WTI oil was threading water during the first three days of the week and holding within 100-pips range. The oil price moved higher on Wednesday after previous day’s release of API report showed strong draw in gasoline inventori...
28
Weekly Report Monday 26 June 2017 - Friday 30 June 2017
Weekly Report Monday 26 June 2017 - Friday 30 June 2017
20170630 Weekly Report Monday 26 June 2017 – Friday 30 June 2017   ENERGY WTI Oil ended week in strong bullish mode for the first time since mid-May, ending cycle of five consecutive weeks in red. Recovery rally from multi-month low $42.04, the lowest since mid-November 2016, where five-week descend...
35
Weekly Report Monday 19 June 2017 - Friday 23 June 2017
Weekly Report Monday 19 June 2017 - Friday 23 June 2017
20170623 Weekly Report Monday 19 June 2017 – Friday 23 June 2017   ENERGY WTI oil bounced from fresh multi-month low at $42.04 per barrel on Thursday / Friday and managed to recover part of its losses earlier in the week, but oil is still set for its worst first-half decline in two decades despite o...
37
Weekly Report Monday 12 June 2017 - Friday 16 June 2017
Weekly Report Monday 12 June 2017 - Friday 16 June 2017
20170616 Weekly Report Monday 12 June 2017 – Friday 16 June 2017 ENERGY Crude Oil remained under strong pressure and ended the fourth straight week in red. WTI oil contract for July delivery was down around 2.3% for the week, as a part of broader descend from May 25 peak at $51.98. Since then the ...
22
Weekly Report Monday 05 June- Friday 09 June 2017
Weekly Report Monday 05 June- Friday 09 June 2017
20170609 Weekly Report Monday 05 June 2017 – Friday 09 June 2017   ENERGY WTI Crude oil did not show stronger reaction on geopolitical crisis that broke up in the Middle East on Monday after Saudi Arabia, United Arab Emirates Bahrain and Egypt severed their ties with Qatar in unexpected action, accu...
35
Weekly Report Monday 29 May - Friday 02 June 2017
Weekly Report Monday 29 May - Friday 02 June 2017
20170602 Weekly Report Monday 29 May 2017 – Friday 02 June 2017   ENERGY WTI Crude oil contract for June delivery was in steep descend during the past week after recovery attempts stalled at $50.27 on Monday, failing to break psychological barrier. Subsequent weakness extended into four straight day...
19
Weekly Report Monday 22 May 2017 - Friday 26 May 2017
Weekly Report Monday 22 May 2017 - Friday 26 May 2017
20170526 Weekly Report Monday 22 May 2017 – Friday 26 May 2017   ENERGY WTI Crude oil maintained positive tone at the beginning of the week, extending broader uptrend from May 5 low at $43.74, on wide expectations in the markets that OPEC will extend its production cut that aimed to support oil pric...
27
Weekly Report Monday 8 May - Friday 12 May 2017
Weekly Report Monday 8 May - Friday 12 May 2017
20170512 Weekly Report Monday 8 May 2017 – Friday 12 May 2017   ENERGY WTI Crude oil contract for June delivery was trading within narrow range on Friday, taking a breather after strong bullish acceleration on Wed/Thu, sparked by surprise fall in US oil inventories that inflated oil price. Tuesday’s...
20
Weekly Report Monday 01 May 2017 - Friday 05 May 2017
Weekly Report Monday 01 May 2017 - Friday 05 May 2017
20170505 Weekly Report Monday 1 May 2017 – Friday 05 May 2017   ENERGY WTI Crude oil was among the top losers of the past week, being down around 7% on strong bearish acceleration from week’s high at $49.30 which extended to the lowest in nearly six months at $43.74 on Friday. Oil price has been und...
23
Weekly Report Monday 21 April 2017 - Friday 28 April 2017
Weekly Report Monday 21 April 2017 - Friday 28 April 2017
Weekly Report Monday 24 Apr 2017 – Friday 28 Apr 2017 ENERGY WTI Oil posted the second weekly loss and stayed below psychological $50.00 level which was broken previous week. Crude oil was under pressure as investors doubted willingness of oil producers to extend its output cut deal for the next six...
29
Weekly Report Monday 17 April 2017 - Friday 21 April 2017
Weekly Report Monday 17 April 2017 - Friday 21 April 2017
Weekly Report Monday 17 April 2017 - Friday 21 April 2017 ENERGY WTI Oil ended week strongly in red, marking the biggest weekly drop in a month that approached psychological $50.00 support on strong fall on Wednesday. Various factors are pressuring oil price which is in steady descend from recovery ...
27
Weekly Report Monday 10 April 2017 - Friday 14 April l2017
Weekly Report Monday 10 April 2017 - Friday 14 April l2017
Weekly Report Monday 10 Apr 2017 – Friday 14 Apr 2017 ENERGY WTI Oil rallied for the third consecutive week and hit fresh five-week high at $53.74, gaining 1.15% for the week. Oil price was supported by heightened geopolitical tensions in the Middle East, the region that provides more than a quarter...
28
Weekly Report Monday 03 Apr 2017 - Friday 07 Apr 2017
Weekly Report Monday 03 Apr 2017 - Friday 07 Apr 2017
Weekly Report Monday 03 Apr 2017 – Friday 07 Apr 2017 ENERGY WTI Oil was among the top winners, ending week above $52.00 per barrel, on the second bullish week. Oil price initially broke above psychological $50.00 barrier and accelerated higher on strong fall in Crude inventories. API report that wa...
22


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