And If you think Im wrong what is your theory how you see this then ? [/b]
Crude oil analysis has been predicted in advance, up and down in 2028-2029 is not without any reason there are many encouragement and factors that influence the plummeting of oil, such as: Demand, financial markets, supply, influence of the global economy and more severe about government policies such as Trump and others.
Push for future oil development.
OIL PRICE FORECAST 2025, 2026, 2027 AND 2028In this push the growth of crude oil can rise or plummeted, very depleted based on factors.
OPEC decisions
The Organization of the Petroleum Exporting Countries (OPEC) can influence prices by increasing or decreasing oil supply.
Government policies
Some governments have pledged to ban the production of new petrol and diesel cars, which could lower demand for oil.
Exchange rates
The value of the dollar relative to other currencies can affect oil prices.
Interest in oil as an investment
Growing interest in oil as an investment can affect the flow of money into and out of the oil market.
Other factors
• Global green energy transition: The transition to green energy could impact oil demand.
• Alternative fuels: The availability of alternative fuels could impact oil demand.
• Consumer behavior: Changing consumer behavior could impact oil demand.
Remember, your analysis could have occurred in 2028-2029, if the factors in the quote above occur, if not just the opposite that will happen, you can analyze it yourself.