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mick

01/03/18 1:36 PM

#29236 RE: mick #29233

New Iran Revolution: Oil to $105
Christian DeHaemer Photo By Christian DeHaemer
Written Jan. 03, 2018
Last year I predicted that oil, specifically West Texas Intermediate, would end the year with a price of $61.55 a barrel. On the last trading day of the year, it closed at $60.28. I apologize for falling short.

As I write this, WTI is trading at $60.85, and it is in a solid uptrend. The price of crude has been going up since January of 2016.