Weekly Forecast Review: OIL
Week of Jul 12-18, 2026
Weekly Oil Market Performance Summary
Forecast Accuracy
- 2026-07-13: Forecast range was 68.75 to 74.61. Actual close was 71.41. The close was within the forecast range.
- 2026-07-14: Forecast range was 73.24 to 80.47. Actual close was 78.14. The close was within the forecast range.
- 2026-07-15: Forecast range was 75.98 to 83.01. Actual close was 79.34. The close was within the forecast range.
- 2026-07-16: Forecast range was 75.98 to 83.40. Actual close was 79.60. The close was within the forecast range.
- 2026-07-17: Forecast range was 75.78 to 82.81. Actual close was 78.95. The close was within the forecast range.
Price Movement
- Last close before the week: 71.41 on 2026-07-10
- Latest available close: 78.95 on 2026-07-16
- Highest close in available data: 79.60 on 2026-07-15
- Lowest close in available data: 71.41 on 2026-07-10
Directional Trend
The available data indicates a net bullish trend, with prices moving from a close of 71.41 on 2026-07-10 to 78.95 on 2026-07-16.
Technical Notes
No specific regime changes or pattern shifts were mentioned in the posts.
Generated by Stonksmaster Weekly AI
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