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Daily Archives: May 17th, 2008

Predicting Oil Prices

17-May-08

It’s true, as pointed out by a comment here: we can’t predict oil prices in the short and medium term, in part because the data is no good. I can’t tell you whether oil will drop below $120/barrel next week, or whether it will go over $130/barrel. I think that it will go over $130 [...]