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Market Talk

Crude Oil Price Forecast [19th of November 2008]

West Texas Intermediate Spot Price. USD/bbl. Average of Month.

Month Date Forecast
Value
50%
Correct +/-
80%
Correct +/-
0 Oct 2008 76.7 0 0
1 Nov 2008 56 6 11
2 Dec 2008 54 8 13
3 Jan 2009 73 9 15
4 Feb 2009 78 10 16
5 Mar 2009 75 11 17
6 Apr 2009 77 11 18
7 May 2009 80 12 19
8 Jun 2009 83 12 20

Source: Financial Forecast Center, LLC.


Comments:

lhyip, posted on: 2008-11-20

I feel that it may not bound back >70


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