Art Berman Predictions

Petroleum Geologist and Energy Market Expert

Track Art Berman's public market predictions and forecast accuracy. Each prediction is recorded from the date it was published to its estimated deadline, then graded correct or wrong based on the outcome.

9 forecasts 9 pending
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9 forecasts
Person Subject Forecast* Source Date Deadline** Outcome
Art Berman Oil Severe oil price pressures will materialize by November 2026 as global inventories are drawn down
See quote
my comparative inventory model suggesting severe price pressures could materialize by November

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Palisade Radio 2026-08-20 2026-11-30 pending
Art Berman Oil No agreement to allow tankers to move freely through the Persian Gulf will come in the next few months
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[33:04] I don't see anything like that coming in the next uh you know, the next few days or weeks or even months. That's a that's a real problem.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Palisade Radio 2026-08-20 2026-11-20 pending
Art Berman Oil Hormuz oil flows will not return to even 50% of pre-war levels by mid-2027
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[3:00] the longer term into next year, I would be pleasantly surprised if Hormuz flows return to 50% of pre-war by the middle of 2027. Uh, I I just don't I I I don't see it happening.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Wealthion 2026-08-13 2027-06-30 pending
Art Berman Oil Strait of Hormuz conditions will remain essentially unchanged through end of 2026
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[2:46] my most likely case is that basically nothing changes between now and the end of the year. I mean, you know, we might have weeks where it looks a little better and weeks where it looks a little worse.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Wealthion 2026-08-13 2026-12-31 pending
Art Berman Oil 80-90% of shut-in Persian Gulf oil production will eventually restart, but some portion may never recover
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[33:03] probably 80 or 90% will come back the way it was given a couple of days or a couple of weeks. Some of it may not or never will.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Wealthion 2026-08-13 2027-08-13 pending
Art Berman Iran There will be no deal between the United States, Israel, and Iran in the near term
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[17:22] Spoiler alert. Um there won't be any deal. I promise you there won't be any deal. I wish I wish I could be more optimistic. This is just this is political theater.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Palisade Radio 2026-05-24 2026-12-31 pending
Art Berman Oil The Strait of Hormuz will never return to normal oil flow levels
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[27:37] my base case is that hormones never returns to normal flows. And there are many reasons for that. The first is political. If if I am Iran and I now control the straight of Hormuz, which gives me it makes me the most powerful country in the world essentially... Why would I ever give that up?

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Palisade Radio 2026-05-24 2028-05-23 pending
Art Berman Iran A significant portion of Iraqi and Iranian oil production will never return to pre-disruption levels due to reservoir damage from shutdowns
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[49:48] some of that production is never going to come back. Now, I don't know what percentage of that production, but I can tell you where it is. And most of that older production that has been underwater flood, as we call it, is in Iraq. Iraq's a big producer, huge producer. All right. So a lot of that Iraqi and and Iran by the way.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Palisade Radio 2026-05-24 2028-05-23 pending
Art Berman Oil Western oil inventory buffers will run out, causing severe supply disruption effects to hit Western economies
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[5:39] all that means is that there's a lag and and it it's coming to us as well... we're getting very close to running out of our savings account. And once that happens, then we got no money.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Palisade Radio 2026-05-24 2026-12-31 pending