Rodent + 1,424 January 30, 2018 Perhaps a bit optimistic. Either way, odd that this comes out on the day that oil prices falter as fears of growing inventory in US. https://oilprice.com/Energy/Energy-General/JP-Morgan-Oil-Could-Hit-78-Within-Months.html Quote Share this post Link to post Share on other sites
Marina Schwarz + 1,576 February 1, 2018 Could JP Morgan be the new Goldman Sachs, changing their opinion every week? We shall see. Quote Share this post Link to post Share on other sites
TomTom + 183 February 1, 2018 Lol, Jamie Dimon also changed opinion on Bitcoin... even though it's crashing right now. Quote Share this post Link to post Share on other sites
Marina Schwarz + 1,576 February 2, 2018 I was wrong. Goldman is still Goldman: "Goldman Sachs Group Inc. hiked its short-term crude oil price forecast by as much as 33 percent, saying the market is now likely balanced. The bank now estimates Brent will reach $75 a barrel over the next three months and will climb to $82.50 within six months, analysts including Damien Courvalin wrote in an emailed report." Do I hear $100? $100 anyone? 1 Quote Share this post Link to post Share on other sites
TraderTate + 186 TS February 2, 2018 Don't see it happening. Waiting for the inventory build ... Quote Share this post Link to post Share on other sites
Rodent + 1,424 February 2, 2018 Pierre Andurand thinks so, at least as of August. https://www.marketwatch.com/story/trader-who-predicted-oil-under-30-says-prices-could-rally-to-100-2017-12-06 Quote Share this post Link to post Share on other sites
Addy + 14 AW February 2, 2018 These predictions are fairly meaningless, although can sometimes be self-fulfilling prophecy. I love the ones that give huge ranges. I personally predict oil prices in 2018 will be between $30 ad $100 per barrel. Quote Share this post Link to post Share on other sites
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