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November 2022 / VIDEO

Forecasting Oil Prices: Six Vital Indicators

We examine short-term oil data that are part of the price cycle and longer-term signals that drive the structural price

Key insights

  • It is important to examine both short-term oil market data that inform cyclical price changes and longer-term indicators that drive the more structural price.
  • There are times when short-term factors drive everything in the oil market, and there are times when only the long-term factors seem to matter.
  • The overarching goal when analyzing the oil market is to be secularly aware but not cyclically blind, and also the reverse.


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