4 Wildly Different Oil Price Scenarios For 2020

Discussion in 'Commodity Futures' started by OddTrader, May 31, 2017.

  1. OddTrader

    OddTrader

    #1     May 31, 2017
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    murray t turtle likes this.
  2. Martinghoul

    Martinghoul

    The fascination with attempting to forecast the unforecastable never ceases to amaze me...
     
    #2     May 31, 2017
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  3. java

    java

    Fascination is at an all time historical high. If it reverts to normal levels it won't be that amazing.
     
    #3     May 31, 2017
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  4. murray t turtle

    murray t turtle

    %%
    Wonder what that means ;MS GS lowered price estimates??[MS figures Brent to $60 sounds OK ]
    I think the MODERN TRADER magazine forecast published FEB 16, for DEC, WTI seems about right.Maybe not the $80or $65; but mostly $45 to $58.They tend to be better than average, even though thats a DEC 2016 first week forecast[published JAN- mailed by FEB 2016; but sounds about right for 2017 lows + HI.NOT a prediction+ rounded off cents .....LOL

    i like the elitetrade post that reminded US of OPEC meet; no telling how many + Arab ministers needed that reminder.....
     
    #4     May 31, 2017
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