WTI: Long term averages

Vital Averages for 2024 as follows: 85.73, 79.89, 77.76, 71.81, 71.18 Vs 69.57, 69.03, 67.07.

Range: 18.66 points to match 2019 at actual yearly range 22.24 and 2018 at 16 yearly points. In 2017, WTI traded 18.46 points, 2016 at 16.12 points and 2015 at 21.13 points.

5 Year Average 67.07. Below 67.07, Averages align as every 2 points to 60.00. Many averages as solid supports are located from 67.07 to 60.00.

By 2024 Averages, a range year is ahead. Best strategy, long any price at 60.00’s and short high 70.00’s near 79.00’s. Absolute top range is 90.00’s if 85.73 breaks. The 5 year average will hold for the year.

2023 = May to September = 63.70 to 95.03 = 31.33 yearly points

2022 = 130.50 to 83.33 = 47 yearly points

2020 = -40 to 57 yearly points.

2021 = 53.93 to 85.41 = 31.48 yearly points.

2019 = 44.35 to 66.59 = 22.24 yearly points.

2018 = January 60.10 to October 76.90 = 16.8 yearly points.

2017 = January 55.24 to June 42.05 to December 60.51 = 18.46 yearly points

2016 = January 38.39 to December 54.51 = 16.12

2015 = January 55.11 to December 33.98 = 21.13 yearly points.

2014 = January 98.97 to December 52.44 = 46.53 yearly points.

2013 = January 91.52 to August 112.24 = 20.72 yearly points.

2012 = March 110.55 to June 77.28 = 33.27 yearly points. June 77.28 to August 100.42 = 23.14 yearly points.