Quantitative Analysis /
Global

Oil could hit US$100 ceiling

  • Prices have increased 89% over the last 12 months and 51% year-to-date

  • Brent crude recently tagged US$80 a barrel and is forecast to reach US$88 in the next two months

  • Ultimately, the long-term trend points towards lower prices, with the sell-off expected in June 2022

Oil could hit US$100 ceiling
James Huckle
James Huckle

Quantitative Analyst

Tellimer Research
1 October 2021
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