Commodities are up, oil is extremely volatile, and you want in. Who doesn't? Well, perhaps you should get in, but only if you follow one rule "“ no change.
According to a working paper entitled "What Do We Learn From the Price of Crude Oil Futures?", the most accurate way to forecast future oil prices is to use today's oil price.
The authors, Ron Alquist and Lutz Kilian, economists at Michigan, explored the various different ways of forecasting oil prices: oil futures (an agreement for the seller... READ ON