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THE GREAT OIL PRICE PREDICTION CHALLENGE OF 2018

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WTI = 77.36

Brent = 83.12

Spread = 5.76

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Here are my Challenge price numbers:

WTI = 80.26

Brent = 91.02

Spread = 10.76 Premium for Brent

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WTI 73.00

Brent 80.00

Spread 7.00

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WTI - $78.52

Brent - $86.52

Spread - $8.00

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WTI = 80 USD

Brent = 90 USD

Spread = 11 USD

 

I'm making this under the assumption that markets continue to trade in a linear manner, and that AI will be able to manage compounding problem sets until the end of the holiday season. If prices do fall, it will be because of overproduction deflation, from increased Chinese manufactured goods quality extending their lifespans

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6 hours ago, Afram said:

$88.00 a barrel 

is that for wti, brent and do you have a spread prediction?

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WTI = $88.88

Brent = $94.48

Spread = $5.60

 

Sorry but no geopolitical insights, just three wild-ass guesses...

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WTI      $78

Brent    $87

Spread   $9

Good luck.

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WTI 79

Brent 84

Spread 5

Iran sanctions and trade war between US and China will counter balance each other

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1) WTI - $84.1

2) Brent - $89.2

3) Spread - $6.05

Just a guess. Maybe.

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(edited)

WTI.          $82

BRENT.     $90

SPREAD . $8

 

Because there will be a shortage created by world conflicts. Iran,  Lybia, Venezuela

 

Edited by keith_foley@hotmail.com
Changed prediction upwards
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Here from GJOpen predicting the October 1 2018 price (and hoping it stays below the $80 mark, or gets back under ;-P but I'll be wrong I think). 

Wasn't going to enter but the thought of getting the barrel o' slime was quite a temptation for 5 minutes work. Not sure how much I'd use the subscription. 

WTI: $74
Brent: $78
Gap: USD$4

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(edited)

WTI : 70.00 $

BRENT : 80.00 $

SPREAD : 10.00 $

Edited by Naimey Kaplish
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WTI =$70.45

Brent= $75.75

Spread= $5.30

More of a guess than anything else. Too many variables... 

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Dec 31st,2018

WTI = $98

Brent = $99

Spread - $8

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WTI $73

Brent $80

Spread $7

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WTI = $ 57

Brent = $  63

Spread = $ 6 

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WTI 93.24

Brent 98.60

Spread 5.40

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WTI 108.00

Brent 118.00

Spread 10.00

 

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Come December 31st, 2018. The four-week average of price of oil are going to be:

WTI = $77.25 USD

Brent = $85.75 USD

Spread = $8.50 USD

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