Tuesday, August 23 2005 @ 08:27 AM EDT Contributed by: Oilcasters Views: 701
The Oilcast CDex for August 22nd to 26th is $65.09.
Last week´s forecast was $65.78.
The actual NYMEX average was $64.85 so the forecast was too high by only 93 cents. The closing NYMEX Friday price was $65.35 so the CDex was too high by only 43 cents.
Congratulations to Oilcast listeners and readers for such an accurate forecast - Adam Porter
We are on holiday until September 6th.