Quote from: TDoS on Nov 29, 2024, 08:58 PMI am not a suit.
Do you wear a suit when you go to work? If you do, you're a SUIT. Since you advised me to wear a suit when I go lawyer shopping and you undoubtedly wear one yourself at any of the meetings where you do a power point with your stochastic models, I give it a high probability you meet all the criteria for being a suit.
Quote from: REQuoteInquiring minds want to know. If you don't answer or equivocate, you get cooler time.But of course.
So..here we go.....
So my answer for the most likely price of oil (in this case a mean) in 2025 based on all the individual months and their accompanying uncertainty is $65.83, give or take.
Fortunately I have good scanning skills and was able to skip reading the verbal diarea for the number, which is in close agreement with the expert hired by BoA.
So now the question is, WTF are the experts being polled by Reuters and pumped by OilPrice.com? Clearly they are people trying to jawbone the price higher, since it's $10 higher than the model says is likely.
RE