Year end oil price targets

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petrohawk
Posts: 40
Joined: Mon Sep 27, 2010 9:10 am

Year end oil price targets

Post by petrohawk »

Can anyone update what folks like Raymond James are currently forecasting for year end closing oil prices ?
dan_s
Posts: 37277
Joined: Fri Apr 23, 2010 8:22 am

Re: Year end oil price targets

Post by dan_s »

Yesterday, EnerCom sent out a chart with their weekly Crude Oil Cuttings report that included a chart of oil price forecasts from analysts. Below are the ranges by quarter.

Q4 2016: $40 to $56
Q1 2017: $42 to $60
Q2 2017: $43 to $62

I have not gotten an updated forecast from Raymond James since June.

Send me an e-mail and I will send you the weekly report from EnerCom. Maybe you can get on their distribution list. dmsteffens@comcast.net
Dan Steffens
Energy Prospectus Group
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