Thomas Finlon

Petroleum prices gained for the first week in three despite opening the week with a 7.5% drop on Monday. The severe drop was due in large part to ongoing concerns of the delta variant of COVID-19… more

Petroleum prices dropped for a second consecutive week and second in eight, falling by the largest amount since the week of March 26th. Prices did recover slightly on Friday. The resurgence of the… more

Petroleum prices eased for the first week in seven after briefly touching six-year highs as support derived from strong fundamental circumstances of rising demand and falling inventories was… more

Petroleum prices continued to increase as Crude rose for a sixth consecutive week, the longest such streak since December. A dispute within OPEC has extended their scheduled meeting into this week… more

Crude prices rose for a fifth consecutive week as continuing optimism regarding the ongoing economic recovery propelled prices to their highest level since October of 2018. This fifth consecutive… more

Crude prices rose for a fourth consecutive week as optimism regarding an economic recovery propelled Crude prices to multiyear highs. The ambiguous intent of the current administration regarding… more

Petroleum prices rose for a third consecutive week, reaching their highest levels since October 2018. A positive report from the EIA stating that global demand would reach pre COVID-19 levels by… more

Petroleum prices reached two-year highs, gaining for the second consecutive week and fifth in the last six. Continuing expectations of demand recovery, a strong report from the EIA regarding… more

Petroleum prices increased for a fourth week in five, touching 31 month highs on Thursday before easing at week’s end. Accelerating demand growth in the US linked to improving economic barometers… more

Petroleum prices experienced their largest weekly drop since March, falling for the first week in four primarily due to the emerging view that Iranian supplies will increase amid reports of… more