Year end oil price targets
Posted: Thu Sep 15, 2016 9:09 am
Can anyone update what folks like Raymond James are currently forecasting for year end closing oil prices ?
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