Dr. Peter's Financial Systems Blog
Dr. Peter's Financial Systems Blog
Dr. Peter's Financial Systems Blog
Dr. Peter's Financial Systems Blog
Blog Articles
  • 73. open letter to Sundar Pichai, Sergey Brin & Mark Zuckerberg on proxies, caches and ip addresses
  • 72. open letter to Sundar Pichai, Sergey Brin & Mark Zuckerberg on auctions
  • 71. the tyranny of the turks
  • 70. formulae for Pythagoras Theorem
  • 69. A parallel processing theorem for machine and robotics control
  • 68. Angela Merkel should be nominated for the Nobel Peace Prize
  • 67. Why does the church not want the Ten Commandments?
  • 66. designing web sites with reponsive html and global variables
  • 65. We cannot block hackers anymore
  • 64. Books & e-books for sale
  • 63. Comparison of indices DJI, S&P 500, NYSE, NASDAQ and interest rates
  • 62. Predicting the NASDAQ trend from 2016 to 2020 and the S&P 500 from 2017 to 2022
  • 61. Forecasting the NYSE and the DOW Jones Industrial for 2018 to 2022
  • 60. my letters to the prime minister during the 1997 Asian Financial Crisis
  • 59. The way forward
  • 58. Wake up Israel it is time
  • 57. The Calling of the Lord
  • 56. Congratulations President Trump on the bombing of the Syrian military base
  • 55. President Trump and the 7 muslim nations
  • 54. Cure for diabetes and neropathy nerve pain
  • 53. Thank you President Barack Obama
  • 52. Healing from ankle and knee joint pain with stem cell products.php
  • 51. Congratulations to President Trump
  • 50. Obamacare
  • 49. High cost of insurance premiums
  • 48. Past predictions and the price of gold
  • 47. Save the children
  • 46. Sino Russian world war and the end of America
  • 45. The Lord Gods blessing and generational curses and gays lesbians
  • 44. Slowing economic growth
  • 43. False teachings in the church in Malaysia
  • 42. Banking problems in Malaysia with AmBank
  • 41. Banking problems in Malaysia
  • 40. Historical-performance-of-my-commodity-price-prediction-charts
  • 39. Major changes to the earths continents to occur if Israel is divided
  • 38. Block hackers bad bots scrappers stop ddos attacks wordpress blog sites
  • 37. China starts world war 3 with rampant piracy and bullying smaller nations
  • 36. Powerful nontoxic insecticide used in my kitchen for exterminating ants
  • 35. Soybean prices forecast chart 2013 2014 2015 2016
  • 34. Palm Oil price trend prediction 2012 2013 2014
  • 33. NYSE Composite Index prediction of 2015 Bull Run
  • 32. Brent-crude-price-forecast-2012-2013-2014
  • 31. Congratulations-President-Barack-Obama
  • 30. Indian stock exchange nifty index prediction chart
  • 29. Soybean prices commodity chart prediction for day traders and others
  • 28. Huduh is not for malaysia and the errors in huduh
  • 27. My rapeseed commodity chart prediction useful for day traders and others
  • 26. Problems problems and more problems
  • 25. stock chart signals and price action patterns - by Steve Sollheiser
  • 24. Malaysian property prices and the property market
  • 23. Malaysian population growth and Malaysian property prices
  • 22. False teachings of the muslim terrorist
  • 21. The alternative technical analysis for commodity and stock market analysis
  • 20. Malaysian property price, bubble and crash in 2012
  • 19. The basics of stock market, forex, commodity and financial economy models
  • 18. Gold price and business opportunities
  • 17. US Economic recovery and growth part 4
  • 16. US Economic recovery and growth part 3
  • 15. Gold price forecast trend chart 2011 2012 2013 2014 2015 2016
  • 14. US Economic Recovery and Growth Part 2
  • 13. US Economic Recovery 2009 2010 2011
  • 12. How to predict gold price trend 2011 2015
  • 11. Malaysian property prices and the property bubble
  • 10. Distribution of Wealth Model and Supply and Demand
  • 9. Gold price forecast 2011 2015
  • 8. Explanation of inflation and model of inflation hyperinflation
  • 7. Approximate silver price trend prediction chart june sept 2011
  • 6. how to predict stock and commodity trends
  • 5. Causes of economic crisis recession and high inflation or hyperinflation
  • 4. What is inflation and how to manage inflation
  • 3. Making sound investment decisions
  • 2. forecasting commodity and stock market trends
  • 1. Dr. Peters Loan Calculator
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    « Congratulations-President-Barack-ObamaNYSE Composite Index prediction of 2015 Bull Run»

    Brent Crude Oil price forecast

    If you have been a regular visitor to my site, my apologies for the delays in blogging as I have been preoccupied with promoting a new method of making bread - The Batter and Dough Method which I am giving away freely without applying for any patents so that many people can benefit from the technique. Actually I never expected to attempt to forecast the Brent crude price trend as I have been working on trying to forecast the price trend of Palm Oil and Soy Bean. I started off with Rapeseed trend instead of Brent crude trend. After a few weeks of correcting myself I decided to have a look at Brent crude price trend and check if the price of Brent crude was influencing the price of vegetable oils.  



    Price forecast difficulties including Brent Crude

    When I did my 2009 to 2011 prediction charts, for many commodities, way back in October 2009 I had used a simpler method. I have two methods, at least, to visually predict price trends and when I did the commodity charts in October 2009 I had used the simpler method. So something was missing in some of my predictions - some appeared to be in error. I have corrected some of those predictions and plan to publish them soon with new predictions until 2014.

    Having gone through another round of commodity price forecasting I am a little bit wiser to take into account additional factors. It is still not easy to forecast price trends and what with big boys watching over your shoulder to take advantage of the predictions or to defy you and make your predictions look erroneous, and the TV media spewing out all sorts of false stories to move the market in the opposite direction, it is a wonder I have got this close. It really is amazing. Next time I think I should keep my predictions a secret until some time has passed but I am not keeping this oil chart a secret.  



    Updates to the Brent crude price forecast

    I do plan to monitor the Brent crude price trend and update my forecast of Brent crude price trend more often than I have done previously for my other charts. This is because I suspect there is an additional underlying move that makes it necessary to update the charts every one to two years. ... we live in volatile times.  



    Below is the Brent crude price forecast chart


    brent crude price forecast 2012 2013 2014
    brent crude price forecast 2012 2013 2014
    brent crude price forecast 2012 2013 2014
    brent crude price forecast 2012 2013 2014

    From the chart above you can see that the blue line is the historical price trend until November 2012. Prices are quoted as at end of the month ranging from 27th to 31th of the month.   From the chart you can see that price trend could fall below $80 by 2014. This does sound realistic as Canada sands and cheap gas in the USA does give a clue as to where petroleum prices will head in the near future - downwards.



    Confirmation of down trend

    I will only be able to confirm a major downward trend has begun after March 2013.  



    What if the downward trend does not occur?

    I can't see a major downward trend except this thing that the Europeans are doing - shooting themselves in the foot ... both feet. If there is no downward trend then the Brent crude price is under going a mini bull rally until February 2012. The price could hit above US$120. And we all know what that means to our pockets and petrol tanks. But the good news is that after February2013 that Brent crude oil price should come down sufficiently to spur economic growth world wide.


    brent crude price forecast 2012 2013 2014
    brent crude price forecast 2012 2013 2014
    brent crude price forecast 2012 2013 2014
    brent crude price forecast 2012 2013 2014

    I will monitor this Brent crude price trend and update the charts accordingly. It would probably be after April 2013 before I look at the price trend again. Forecasting trends is a very slow and time consuming process but you end up learning a lot more than you expected and to begin to notice side issues that affect everyone and every thing. I really do hope that this time around I have done the charts correctly and they are realistic enough to be of practical use to everyone.  

    More Commodity Charts

    9. Soybean prices forecast chart 2013 2014 2015 2016 (20 Janury 2013)

    8. Palm Oil price trend prediction 2012 2013 2014 (14 Janury 2013)

    7. Brent Crude price forecast 2012 2013 2014 (12 December 2012)

    6. Soybean prices commodity chart prediction for day traders and others (10 October 2012)

    5. My rapeseed commodity chart prediction useful for day traders and others (17 September 2012)

    4. Gold price and business opportunities<\/a> (7 September 2011)

    3. Gold price forecast trend chart 2011 2012 2013 2014 2015 2016 (31 August 2011)

    2. Gold price forecast 2011 2015  (15 July 2011, updated 18 July 2011)

    1. Approximate silver price trend prediction chart june sept 2011  (9 July 2011)

    This article on Brent crude price forecast 2012 2013 2014 was researched and written by Peter Achutha - 12/12/2012


     


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