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What Happened To Oil Prices In 2018?

January 2, 2019

Via: Forbes

As much for amusement as for education, the following stories chart perceptions of the oil price by month (with the actual price for the month in parentheses):

January: Oil could hit $80 per barrel by the end of 2018, says portfolio manager ($63.7)

February: [Investment Bank] sees oil surging above $80 in 6 months (62.23)

March: Fed’s [economist] says the market is not appreciating the risk of an oil price spike (62.73)

April: An Oil Price Rally Is Likely (66.25)

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