Algokid

Wall Street Prediction for Oil Prices

NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
640 1 8
Overall, the street expect oil             price to go up. But the futures oil             prices are much lower than those of the forecasters.

From Goldman Sachs :

" Forecasters and market participants disagree about the likelihood of a significant rebound in oil             prices during the next 12 months. Many clients shares the views priced into the futures market that oil             will remain below $70 by year end 2015. However, OIL             PRODUCERS anticipate an rebound, expecting oil             to rise by 35 % by year end 2015 "

Is oil             oversold ? is it time to go long energy stocks ?
www.passivestor.com
jangseohee
2 years ago
Daring call for a bottom now?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out