What’s Affecting Oil Prices This Week (April 1, 2019)?
In the week since our last edition of What’s Affecting Oil Prices, Brent rose $0.14/bbl last week to average $67.84/bbl, in line with our expectations.
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Ashley Petersen is the Lead Oil Market Analyst at Stratas Advisors, a global consulting and analytics provider for all facets of the oil and gas markets and related industries. Ashley has over 5 years’ experience analyzing crude oil markets with an emphasis on Atlantic Basin fundamentals. She is currently the lead oil analyst for Stratas’ Short-Term Price Outlook Service for crude oil, which combines market fundamentals, geopolitics and Stratas’ own economic forecast tools to build an integrated, data-driven outlook on key energy markers over the next eight quarters.
For Media Inquiries please contact: kclark@hartenergy.com
In the week since our last edition of What’s Affecting Oil Prices, Brent rose $0.14/bbl last week to average $67.84/bbl, in line with our expectations.
In the week since our last edition of What’s Affecting Oil Prices, Brent rose $0.67/bbl last week to average $67.71/bbl.
In the week since our last edition of What’s Affecting Oil Prices, Brent rose $1.13/bbl last week to average $67.04/bbl, stronger than our expectations.
Brent rose a modest $0.42/bbl last week to average $65.91/bbl, pretty much in line with our forecast of $66/bbl.
Stratas Advisors expects the Brent average to drift slightly up and WTI to drift slightly down in the week ahead.
Brent rose $3.17/bbl last week to average $66.84/bbl while WTI rose $2.93/bbl to average $56.81/bbl.
Brent rose $0.67/bbl last week to average $62.18/bbl.
Brent fell $0.11/bbl last week to average $61.51/bbl.
Brent and WTI price changes have started to stagnate, lending some much needed stability to prices.
For the week ahead, Stratas Advisors expect Brent to average $61.
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