WTI Will Fall Short of $130 in November

WTI will not hit $130 in November. Despite the December NYMEX contract settling at $103.51 on October 23 and WTI trading at $103.38 on October 25 with a day high of $103.90, the three month range of $70.77 to $106.00 and a month swing high of $105.63 keep $130 out of reach. LongsForecast projects a…