Competition: when will price of oil reach $70 per barrel?

Pete_M · Post by **Pete_M** » 24 Jun 2005, 21:52

Ill set my bid at Oct 10th.

Pete M

RogerCO · Post by **RogerCO** » 01 Jul 2005, 20:51

I'm in for Nov 1st (Tues)

For the next sweep on the date of $100/barrel should we make it you pay in one penny for every day that you are out by and the nearest bid(s) win (or share) the pot ?

DamianB · Post by **DamianB** » 04 Jul 2005, 12:36

Here's another recap:

PaulS.............22 Aug 05
peaky............09 Sep 05
greenbean.....28 Sep 05
Pete_M...........10 Oct 05
GregNixon......12 Oct 05
Ballard...........25 Oct 05
bigjim.............29 Oct 05
RogerCO.......01 Nov 05
snowhope.....11 Nov 05
SherryMayo...15 Nov 05
grinu.............16 Nov 05
blackaddr......01 Dec 05
Koba..............25 Dec 05
peaky.............10 Jan 06
DamianB.........12 Jan 06
revdode..........14 Feb 06

http://stockcharts.com/gallery/?$WTIC[/quote]

The 200day MA is practically ruler-straight; $7 per six months

PaulS · Post by **PaulS** » 06 Jul 2005, 20:37

How about this jump?
US$61.29 for August and US$63.65 for February 2006 as at 14:40 local time

tattercoats · Post by **tattercoats** » 06 Jul 2005, 23:00

Put me down for 8th November.

DamianB · Post by **DamianB** » 05 Aug 2005, 19:48

The visiting Iranian Deputy Oil Minister Nejad Hosseinian today said Iran expected crude oil price to touch $70 a barrel by the end of 2005 due to the demand-supply mismatch.

Last call for competition entries - I'll be closing up shop on 10th Aug.

Bandidoz · Post by **Bandidoz** » 08 Aug 2005, 16:34

10 Nov 05.

newmac · Post by **newmac** » 08 Aug 2005, 17:09

6th September 2005. My birthday.

Post by **clv101** » 08 Aug 2005, 22:19

14th September.

nancy · Post by **nancy** » 09 Aug 2005, 07:04

Ok - I'll pick 28th November, just to keep ball rolling.......

theeggman · Post by **theeggman** » 09 Aug 2005, 08:51

My guess is 17th September 2005

DamianB · Post by **DamianB** » 10 Aug 2005, 17:09

OK. Here is the final list:

PaulS..............22 Aug 05
newmac..........06 Sep 05
peaky.............09 Sep 05
clv101.............14 Sep 05
theeggman.....17 Sep 05
greenbean......28 Sep 05
Pete_M............10 Oct 05
GregNixon........12 Oct 05
Ballard..............25 Oct 05
bigjim...............29 Oct 05
RogerCO..........01 Nov 05
Bandidoz.........10 Nov 05
snowhope.......11 Nov 05
SherryMayo.....15 Nov 05
grinu...............16 Nov 05
nancy..............28 Nov 05
blackaddr........01 Dec 05
Koba...............25 Dec 05
peaky..............10 Jan 06
DamianB.........12 Jan 06
revdode..........14 Feb 06

Contract is spot month NYMEX WTI future
Price basis is closing

Price graph here

DamianB · Post by **DamianB** » 07 Sep 2005, 23:18

PaulS was unlucky with two intra-day highs over $70 and the early Sept. guesses look unlikely now, with the European reserve releases bringing supply onto the market. The 50dMA might provide support at $63 but if it doesn't, $57 look likely in the next two weeks

RevdTess · Post by **RevdTess** » 07 Sep 2005, 23:37

DamianB wrote:$57 look likely in the next two weeks

As Sir Humphrey Appleby might have said, "That's very courageous, minister!"

DamianB · Post by **DamianB** » 07 Sep 2005, 23:45

"You can take a man out of the City but you can't take the City out of the man"

PowerSwitch

Competition: when will price of oil reach $70 per barrel?

When will oil reach 70 a barrel?