Tag Archives: CL

WTI Crude: Forecast for Feb/Mar

Posted on February 11, 2018 by Venkat Pulakkad

WTI met my targets of 62 and 59 from the 64-65 levels. What’s next? Here is an update: The US output is spiking as projected in my December forecast. It is expected to cross 11 Mbpd sooner than expected (Bloomberg). … Continue reading →

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WTI Crude: An update

Posted on January 22, 2018 by Venkat Pulakkad

The WTI chart from Jan 14 is below.  It indicated WTI was getting extremely overbought. The forecast was for a bearish trend to follow. The key reversal points were identified as Brent 70 -72 and WTI 65-66. Now the charts … Continue reading →

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WTI Crude & Nat Gas – Long Term trends & Critical Levels

Posted on August 22, 2017 by Venkat Pulakkad

Natural gas may be warming up, in anticipation of warmer temperatures. NG’s price trend seems to be in that typical 24-26 month cycle which we have seen from 2010. We are probably in that 2 year bullish trend that started … Continue reading →

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