Brent Crude Oil Predictions
Browse Brent Crude Oil market predictions and forecasts from well-known financial commentators. Each prediction is tracked from the date it was published to its estimated deadline, then graded correct or wrong based on the outcome.
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[0:00] they would love to see a $100 $120 basically Brent right now that would really like and push the US stock market down 10% that force Trump to basically tackle
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[4:46] if they do that, that's bullish oil and that's bearish for the stock market. I think that's probably for me that's a that's a that's a big focus for this week anyway.
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The prediction is conditional ('if they do that') and claims oil will be bullish this week. The period high was $94.81 on day 3 (a +4.2% rise from $91.02), suggesting some bullish movement mid-week, but the target date close was $86.01 (-5.5%), and the period ended at the low of $85.85. The prediction doesn't specify a magnitude, just 'bullish,' and while there was a brief rally to $94.81, the overall week was bearish. However, the grade depends on whether 'bullish this week' means any upward move occurred or whether the week ended higher — the period high did show a meaningful rally, but the overall trend was down.
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[24:31] I'm long oil because I do think I I I I find it difficult to see how this thing is going to end. Okay. And that's just how it is.
Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.