How much will the oil price be in 3 months' time ?

If anyone knew in great detail the answer to that question they could make millions of dollars by purchasing futures contracts on the minimum margin requirnment.





They only way you can get an answer to that question is if you wait three months and check The NYMEX Crude Oil futures quote.





Or refine your question to something that can be answered.How much will the oil price be in 3 months' time ?
My bet: $72 per barrel. The situation with Iran is getting really bad and the threat of strikes in Nigeria isn't helping either. Having said that, it could be anything in the $60 - $75 range, given historical volatility.

mascara