What do you think tommorows oil prices will be?

Question

Hey,

Just wondering if anyone can predict the oil prices tommorow, will they rise or continue to fall?

If there is a right answer (im not sure if its completely unpredictable) to this question then I will really apprreciate it if you explain to me how you concluded this.

Thank you for reading, Im looking forward to your answers.

Answer 1

Now one can "predict" tomomorrow's prices, if any one tellls you they can, they are lying and if anybody believes them. they are a fool.

After over 58 years investing and working in the industry, I have found no one that can predict what tommorrow will bring in the market

Answer 2

Lower, [pass on the word].

In the absence of salient events that either change supply or demand, the opinion of consumers moves the price.

For all I know you are a futures guy testing the water here.

Answer 3

They might go up.

They might go down.