Prediction of crude oil in the coming months: Bringing order out of chaos

Introduction Where will crude oil prices be in the coming months? In particular will WTI prices breach the USD 130 level as some analysts are predicting or will it fall below the USD 100 level as others forecast? We believe that the price of WTI will probably range between USD 110-115 in the second quarter…Read moreRead more

Crude Oil prices: The Euro crisis, its implication on interim oil prices, Euro-zone and PIGS growth forecasts

Crude oil prices in Europe are now more expensive in relative terms than crude prices in the US. Take a look at the two charts presented below

Crude Oil Price outlook: What can a barrel of oil buy?

What can a barrel of crude oil buy and does that tell us anything at all about the direction and relative value of oil prices. Staring Monday morning I will officially go ahead and short oil. For the rationale for this suicidal move, please see the following evidence. Price across the commodity universe are back…Read moreRead more

Crude oil prices outlook: market liquidity and trading volumes

More from Nauman’s note at InvestBank The Crude oil market like any other financial market is also a function of available liquidity in the system. Considering trading volumes as a proxy to the market liquidity, there was a marked increase observed in oil trading volumes during the later part of 2006, leading to an increase…Read moreRead more

Crude oil prices: Heading up or down?

Are crude oil prices heading up or down – what do future spreads say

Currencies and crude oil price outlook – End of quarter ending March 2010

After the action in Euro this week a number of outlook revisions for the European currency were released. The two most noteworthy were the Goldman and ANZ note on Euro and their end of year outlook. The common theme amongst both is the 1.30-1.35 level force and a hint of sub 1.30 level for Euro…Read moreRead more

Energy Review – The China Market

A.1.    Overview Despite the economic downturn in 2007, which saw China’s GDP growth decline by more than half from around 13% in 2007 to around 6% in the first quarter of 2009, its demand for energy remains high. In 2006 China was the world’s third largest net importer of oil which is in stark contrast to…Read moreRead more