Tag Archives: forecast

WTI Crude Oil Price Forecasts. Morgan Stanley Raised WTI Price Forecast To 62.50/bb in Q2 2021 from USD 52.50, and to $67.50 for Q3 2021

Technical lines from top to bottom We begin with resistance at the round number of 104. This was a key line in May 2008. 102.50 was an important resistance line in late May. 101.44 was the post-crisis high seen in April 2009, and has not been tested since mid-July. 100.85 ...