The Oilcast CDex (Cooperative Price Forecast Index) was $1.88 off the actual average NYMEX price for the week.
Oilcast.com readers and listeners correctly predicted a record NYMEX average price.
The actual price was $64.91
The Oilcast CDex was $63.03
Our forecast was $1.88 too low.
This week's CDex is $65.78.
Oilcast.com would just like to say we are taking a two week summer holiday and we will return on September 6th