Crude oil forecast: The forecast from 1.5.11
Forecast release date: 1.5.11
Time horizon of the forecast: 7 trading days from May 2 till May 9
The forecast includes prediction for the commodities market (including oil).
Get today’s forecast for the commodities market
In accordance with the forecast, Super-heated commodities markets stumbled badly last week and, momentarily, took the stock market with them.
Despite Friday’s gains, the Dow Jones Industrial Average fell 1.3% for the week. Oil prices fell 12.8%.
