Dr.Masih Rezvani

WTI / ​​​​​​​Price Forecasting 

Recommended Posts

There are NO LEVELS ahead.So if Oil manages 
To stay above this level, it will get pushed
Towards the 100-110$ per barrel mark 
**
What is your point ????????

WTI.png

Share this post


Link to post
Share on other sites

As prices of refined products rise, demand will shrink.

EV's become more attractive with each penny of WTI increase.

Share this post


Link to post
Share on other sites

(edited)

On 10/5/2021 at 4:19 PM, Dr.Masih Rezvani said:

There are NO LEVELS ahead.So if Oil manages 
To stay above this level, it will get pushed
Towards the 100-110$ per barrel mark 
**
What is your point ????????

WTI.png

1-Inflation, you have to ask yourself if oil is really becoming more valuable or is just that the dollar is becoming less valuable (Maybe free money for bailouts, social spending, and quantitative easing isnt that free after all) 75 (2010) dollars should be the normal price, inflation adjusted is around 80-85$

2-Oil prices are unstable always short and medium term but on the long term are predictable and generally go upward as you make stuff of higher value (Kerosene lamps >>> Heat and Power >>> Diesel and Gasoline >>> Solvents and plastics)

Because what it determines the price of something is how much someone is disposed to pay you for it.


Historical Oil Prices Chart

Edited by Sebastian Meana

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.