Oil Price: +5.67% in 14 Days

Long: Forecast Length: 14 Days (03/29/15 - 04/12/15)
I Know First Average: 5.09%

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oil price

Oil Price Forecast: 8.56% Average Return in 14 Days

Oil Price Forecast

Recommended Commodities and Positions:

Long:
  • ICE Brent Crude Oil Futures (^BL1)
  • ICE NYMEX Crude Oil Futures (^CL1)
Forecast Length: 14 Days (03/06/15 - 03/20/15)
I Know First Average: 8.56%

oil price forecast

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Crude Oil Forecast: Price Increases 19% In 14 Days

Crude oil prices surged 19% in four days since last Wednesday, the largest four-day percentage gain since 2009. Oil had tumbled from more than $107 to less than $45 a barrel in seven months due to slowing demand growth and a global supply glut. The United States became the world’s biggest crude producer because of new technologies, and the Organization of Petroleum Exporting Countries (OPEC) decided not to curb their own supply to prop up the price. However, developments in recent days have pointed to an eventual slowdown in oil production, causing the price to rebound in a market pullback. oil news

Oil Price Forecast: 11.47% Average Return in 14 Days

Oil Price Forecast

Recommended Commodities and Positions:

Long:
  • ICE Brent Crude Oil Futures (^BL1)
  • ICE NYMEX Crude Oil Futures (^CL1)
Forecast Length: 14 Days (01/20/15 - 02/03/15) I Know First Average: 11.47%

Oil Price Forecast

Oil News: Oil Prices Continue To Fall As Goldman Sachs Slashes Forecasts

Both Brent and US crude are at their lowest level since April 2009 and have fallen for seven straight weeks. Global oil prices fell by more than $1 a barrel on Monday morning as analysts at Goldman Sachs lowered its short-term forecast. The investment banking firm had held off on lowering their oil forecasts after the Organization of Petroleum Exporting Countries (OPEC) decided not to cut their supply in November until now, when they cut their average forecast for Brent in 2015 to $50.40 a barrel from $83.75 and lowered their forecast for US crude to $47.15 from $73.75. In the report, Goldman Sachs said that oil prices would need to stay near $40 for most of the first half of 2015 before it would hold up shale oil investments. oil price news

Crude Oil Forecast: 17% drop in 2 weeks

Crude Oil Forecast: Crude Oil Falls Close To $60 Per Barrel

Brent and West Texas Intermediate, crude oil futures, traded near their lowest prices since July 2009. Simple economics in the shape of supply and demand have played a large part in this fall. Persistently high oil prices over the last few years prompted a fracking revolution in the U.S. The oil boom has been driven by a combination of horizontal drilling and hydraulic fracturing, which has unlocked supplies from shale formations including the Eagle Ford in Texas and the Bakken in North Dakota. Production in the U.S. expanded to 9.12

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Crude Oil Price Forecast: 16.19% Decrease In 14 Days

Crude Oil Price Forecast

Recommended Positions:

Long:
  • Gold ETF Forecast(GLD) direction
  • Physical Gold Forecast (XAU) direction
Short:
  • Physical Silver Forecast (XAG) direction
  • ICE NYMEX Crude Oil Futures (^CL1)
  • ICE Brent Crude Oil Futures (^B1)
Forecast Length: 14 days (11/25/14 - 12/9/14) crude oil price forecast

Oil Price Forecast: 10.23% Drop In 3 Days

Oil Price Forecast

Recommended Positions:

Short: 

  • ICE Brent Crude Oil Futures (^BL1)
  • ICE NYMEX Crude Oil Futures (^CL1)
Forecast Length: 3 days (11/27/14 - 11/30/14)

I Know First Average: 10.00% oil price forecast
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