Where is WTI headed ?

B

Bluejay

Hello

I would like to share with you a personal exercise I have been lately performing, concerning possible evolution of WTI price.

This exercise is mainly for my own benefit, because in doing so I can be sure I will not be tempted to re- draw, or make new asumptions about the possible future path of prices for the coming weeks.

Maybe this exercise finds some interest among other participants of this forum.

Please feel free to comment or whatever !
 

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Crude price is also heavy influenced by a function of global energy demand... If you can predict global energy demand with MS paint I will be impressed.
 
thanks for your reply. Actually I would actually be too.
This is only an attempt to suggest a possible and plausible evolution, given the past prices. I will be interested to follow the deviations in price and time to this model.
 
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