crude oil price prediction

Oil Price Prediction 2016: Prices Will Stabilize Despite 80-Year High Supply

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - April 12, 2016

Oil Price Prediction 2016: It only took 20 months, but crude oil prices finally bottomed out.

WTI crude oil prices are up 54% from their February low of $26.21.

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - December 11, 2015

Oil Price Prediction 2016: Oil prices are less than a month and a half away from capping off their worst year since the Great Recession.

Thanks to weak Chinese demand and surging production, it's no surprise oil has crashed this year.

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - May 8, 2015

Oil prices have gained 17.5% in the last month. This week, they reached $62 a barrel for the first time since December.

The rally reinforces our oil price predictions that WTI and Brent will rebound throughout 2015.