6/16/09

Bloomberg - Bruno sets oil price at $93 in August

Aaron Clark at Bloomberg cites the forecast made by Daniel Bruno, who foresees oil price at $93 by the end of this summer.

On 13 of June, we made a similar prediction in this blog. Our prediction is based on the deterministic approach to economic process, and Daniel used standard technical analysis.
It is interesting that two independent tools have given similar figures. We will watch the evolution of oil price. It's getting exciting .

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