Crude Oil price outlook 2020-2030. If you are interested in crude oil as an investor, an analyst or a consumer there is no shortage of conflicting opinions out there. For industry outsiders it is even worse – crude oil price outlook is a puzzle with
Crude Oil price forecasting models – 11 images in 11 minutes. Recent years have seen an increase in the volatility of oil prices. This should not come as a surprise; the prices of oil are dependent upon several external factors, only some of them economic
The relative gold price model, presented in MS Excel worksheet format, assesses the relative value of Gold against that of other commodities. It is used to: Highlight trends in the relationships between gold and a given commodity Identify points when relations broke-down or when a
If we assume that when it comes to relative value Gold is doing a better job of predicting what something is really worth, how does that translate into cost? On average a barrel of oil costs about 0.0668 ounce of Gold. This puts fair value of a barrel of oil at about 114 using the average, at about 85 using the low over the last 3 years (including the dip last week) and at about 135 using the high of .08 over the same period.