THE GREAT OIL PRICE PREDICTION CHALLENGE OF 2018

[mibrahim + 1]

1) WTI = $77

2) Brent = $85

3) Spread= $8

[Arizona Lumberman + 1]

WTI  $54

Brent $58

Spread $4

[Tom Mckernan + 4]

WTI             $51.35 US

BRENT       $57.20  US

SPREAD     $5.85   US 

It's good business sense to buy cheap.

[John Bentley + 3]

Come december 31, 2018 the four week price of oil will be: 

WTI= $76 USD

Brent= $85 USD

Spread= $9 USD

US economy will continue to heat up. Also my wife the price is going up. 

 

 

 

 

 

 

 

 

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[Philly Winner + 2]

Few variables playing into Dec futures, which not all calculated in yet.

1) WTI = $79

2) Brent = $87

3) Spread= $7

[Anuar RICHANI + 1]

On 9/18/2018 at 11:00 AM, Rodent said:

Community Members will have the opportunity to place their best oil price predictions in this thread in the following categories (you must be a member to enter, so join now!😞

1)   4 wk average WTI spot price as of December 31, 2018

2)   4 wk average Brent spot price as of December 31, 2018

3)   4 wk average spread between WTI/Brent as of December 31, 2018

Main drivers to oil price are 1. Geopolitical issues  2.  Demand  3. Supply   4- Environmental  5. speculation  6.  Transportaion tech  and others

Do not expect any impacting changes on the : OPEC countries and Russia / Venezuelan production . yet a highly probable issue could be the intensificatiobn of the YEMEN (IRAN) vs  Saudi Arabia conflict . This CONFLICT could initiate uncontrolable events that would change the energy map.

ESTIMATE THE FOLLOWING:

1. WTI 4 WK AV  75 USD

2. BRENT  4 WK AV  85 USD

3. SPREAD  6 

[Rahmat Hotari + 2]

My prediction December 31st 2018

WTI=$ 74 USD

Brent = $ 80 USD

Spread = $ 6 USD

 

 

[ceo_energemsier + 1,818]

Yes i  got it

I will make it a better deal!!

Anyone in the physical/paper  /hedging bizz wants to go head on with me on one deal, I am up for it

Details , I guess upto OIL PRICE

but for me, it would be based on a Brent cargo or a WTI for export

and anyone taking on the challenge can contact me directly for my qualifications in the bizz!!!

[ceo_energemsier + 1,818]

And I dont know all the rules , can we actually play for real barrels? that is where the fun is @

I have been doing it since 1984

thank you for your support and non hatred!!

LOL I am here its  agreat place

a group of  people with a lot of experience and knowledge

Thanks!!

[ceo_energemsier + 1,818]

By real barrels I mean barrels I mean barrels of crude oil and other hydrocarbon streams

coming out of the fields

into a gathering stream etc

for any further questions please feel free to contact me

i would out that bet @ a 250$k value and so on .................................

[1amigo + 2]

WTI = $69 

the corrupt bastard countries are keeping it "artificially high" and it currently remains artificially valued at 3 to 4 times "true value" 

[Ravindra + 2]

Brent : 81.25

WTI : 76.80

Spread : 4.45

[Dean Newhouse + 3]

WTI      69.55

BT.       76.77

Spread 7.22

 

[saujain + 2]

Prediction for December 31, 2018

WTI=$ 87 USD

Brent = $ 93.5 USD

Spread = $ 6.5 USD

Prediction basis, US is able to enforce ban on Iran, no major war anywhere. Expecting Brent to touch $ 140 USD before May 2019.

[Murray Bainbridge + 2]

WTI = $74.56

Brent = $82.34

Spread = $7.78

[Ronan + 3]

WTI    $82.60

Brent   $75.80

Spread $6.80  

[Falconexecs + 1]

WTI = $81 USD

Brent = $91 USD

Spread = $10 USD

[Rodent + 1,424]

On 9/18/2018 at 3:27 PM, Blackbag99 said:

I am going to go with :

WTI 81.59

Brent 91.09

I have commercial inventories in the US dropping sub 20 days of refinery inputs at YE. Flakey OPEC supplies push up the spread, lack of OPEC ability to respond doubles down. Still heading North Jan 1st. 

Do you have a spread price you'd like to predict?

[Rodent + 1,424]

On 9/19/2018 at 8:47 PM, Outlaw Jackie said:

$55 WTI

$62 Brent next month

And your official predictions for 4 wk averages as of dec 31 2018?

[Rodent + 1,424]

On 9/20/2018 at 3:34 PM, Keven Tan said:

I am new to oil market and I don’t think my “prediction” or “analysis” would be any close to the real fact rather it is just a blind guess game, indeed.

however based on few common senses, no matter how the oil prices have been controlled and manipulated, it still has to refer few factors such as geopolitical situations, demand/supply, economic trend and dollar strengths. 

I saw a large group people setting WTI $75-$85, and few people targeted $90+, I am not sure how that would be even possible the oil price could jump two digits within upcoming three months unless there is a “black swarm” occurs like our friend Tom said in his forum. 

My sincere guess at Dec 31, 2018

WTI: $67.5

Brent: $ 82.6

https://oilprice.com/Energy/Oil-Prices/Why-WTI-Could-Crash-In-The-Coming-Weeks.html

you have a spread to enter?

[Rodent + 1,424]

Thanks everyone for your submissions so far!!

We've had over 100 entrants already, with plenty days left to go. I am attaching the master file here for everyone's review. Please review the "by username" tab in the attached spreadsheet and find your own prediction and make sure there are no errors. Please message me directly if something looks incorrect.

Just for fun, here are the highs and lows so far:

WTI low: Tom Mckernan $51.35   

WTI high: Jesse Man $150.00

 

Brent low: YXK $57.00

Brent high: Jesse Man $175.00

 

Spread low: Peat $2.00

Spread high: Jesse Man $25.00

 

Thank you everyone! If you haven't placed your prediction yet, there is still time!

 

price prediction.xlsx

[Batman + 9]

WTI = $91.79

Brent = $94.68

Spread = $2.89

Basis:  An unforeseen political event  in an OPEC nation.

[Keven Tan + 85]

3 hours ago, Rodent said:

you have a spread to enter?

Spread for $2.5

thanks for asking.

 

[Amnard Kittikrairit + 2]

WTI $78

Brent $84

Spread $6

 

[dzvalentino + 5]

WTI = $73

Brent = $82

Spread = $9

Just educated guess on the 1 year 3 and 1 months charts on main page