WTI Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Geopolitical tensions and potential supply disruptions could spike oil prices, leveraging mean reversion and historical volatility for WTI gains.




Bearish Case: High inventory levels and weak demand, compounded by increased OPEC+ supply, could sustain downward pressure on WTI prices.




Potential Outcomes:

1. Moderate rally (30%): Geopolitical disruptions.

2. Sideways (50%): Sustained current levels due to mixed signals.

3. Decline (20%): Oversupply pressures.



May 04, 2025


W & T Offshore Forecast

WTI        W & T Offshore











Correlated Assets

Assets that tend to move strongly with WTI



DVN Forecast + Options Trading Strategies   DVN  Devon Energy (0.9)


MUR Forecast + Options Trading Strategies   MUR  Murphy Oil (0.89)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.88)


AEO Forecast + Options Trading Strategies   AEO  American Eagle Outfitters (0.88)


PII Forecast + Options Trading Strategies   PII  Polaris (0.87)



Uncorrelated Assets

Assets with little price relationship to WTI



CAT Forecast + Options Trading Strategies   CAT  Caterpillar (-0.0)


UBER Forecast + Options Trading Strategies   UBER  Uber (-0.01)


DDOG Forecast + Options Trading Strategies   DDOG  Datadog (0.02)


EA Forecast + Options Trading Strategies   EA  Electronic Arts (-0.02)


CPS Forecast + Options Trading Strategies   CPS  Cooper-Standard (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against WTI



LRN Forecast + Options Trading Strategies   LRN  Stride (-0.8)


CHWY Forecast + Options Trading Strategies   CHWY  Chewy (-0.8)


V Forecast + Options Trading Strategies   V  Visa (-0.82)


SUPV Forecast + Options Trading Strategies   SUPV  Grupo Supervielle S.A. (-0.83)


FOXA Forecast + Options Trading Strategies   FOXA  Fox Corporation - (-0.84)









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