Today’s Market Trend

Analysis by Dr. Nancy Yamaguchi WTI crude prices continued to slide yesterday, and prices are having a difficult time clinging to $52/b this morning. WTI opened at $51.83/b today, $1.92/b below yesterday’s opening price, and the lowest opening price since December 16th. Current prices are $52.07/b, $0.11 above yesterday’s close. Product prices also dropped steeply, […]

Today’s Market Trend

Analysis by Dr. Nancy Yamaguchi WTI crude prices fell steeply this morning, and are currently below $53/b. WTI opened at $53.75/b today, two cents above Friday’s opening price. Friday’s market closed at $53.99/b. Prices have fallen steeply since then. Current prices are $52.91/b, $1.08 below Friday’s close. Product prices have dropped, following crude prices. The […]

Today’s Market Trend

Analysis by Dr. Nancy Yamaguchi WTI crude prices have hopped back above $54/b this morning. WTI opened at $53.73/b today, an increase of $0.34, or 0.64%, from yesterday’s opening price. During this 4-day holiday week, prices spiked and collapsed on Tuesday, and spent the rest of the week creeping back up. Current prices are $54.12/b, […]

Today’s Market Trend

Analysis by Dr. Nancy Yamaguchi WTI prices strengthened yesterday, closing at $53.26/b. Today’s opening price was $53.39/b. Prices have continued to strengthen, and are currently $53.66/b, $0.40 above yesterday’s close. Strength was lent to crude prices by a Bloomberg News survey showing that OPEC production fell by 310,000 bpd in December. However, the planned OPEC […]

Today’s Market Trend

Analysis by Dr. Nancy Yamaguchi WTI prices collapsed after spiking as high as $55.24/b yesterday. WTI opened at $52.49/b today, a drop of $1.71, or 3.15%, from yesterday’s opening price. Prices are currently $52.65/b, $0.16 above the market opening value. WTI prices had not closed above $55/b since the first week of July in 2015, […]

Today’s Market Trend

Analysis by Dr. Nancy Yamaguchi WTI prices have just cracked through another price barrier: the $55/b mark. Prices strengthened over the New Year’s holiday, and they surged again this morning in early trading. WTI opened at $54.20/b today, an increase of $0.33, or 0.6%, from Friday’s opening price. WTI prices have not opened above $54/b […]

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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