Crude Oil Report - May18

Crude Oil Report - May18

May, 07, 2018     By Saandhy Ganeriwala    0 comments



Brent WTI spread May18
7-May-18: Brent 75.41; WTI 70.32
  Brent WTI spread May18 In the backdrop of Brent and WTI both achieving new highs, we explore when our predicted bearish turn could happen. For the first time, we explore EIA’s Demand-Supply balance forecasts and also introduce a new Data View Section containing Production, Demand and Inventory data. Our projections for Dec ’18 are significantly revised.

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Saandhy Ganeriwala

Saandhy is a postgraduate in Economics, but like all good market-men, he seeks confirmation from technical analysis charts for his macroeconomic ideas. His research is a good mix of charts, stats and econ. Apart from that, he calls himself a news junkie and an occasional writer.


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