WTI Oil — Forecasts & Attribution

Analysis date: 2026-03-12

Price Attribution

PAT001

FieldValue
InstrumentWTICO_USD
Price$93.29/bbl
CurrencyUSD
Unitbbl
Timestamp2026-03-12T05:08:00Z
TriggerScheduled point-in-time snapshot
Trigger Ref-
idcomponentcategoryvaluepercentbasistrendconfidencereferences
PA001Strait of Hormuz blockadesupply-disruption+$27.9930%16+ mb/d halted; largest supply disruption in decades; IRGC vows "not a litre" passesstablehigh-
PA002IEA 400M barrel reserve releasesupply-disruption-$16.7918%Largest ever coordinated release; 120-day delivery; US 172M from SPR; failed to cap prices so farincreasingmedium-
PA003US war timeline (ongoing, 2-4 weeks remaining)risk-premium+$11.1912%War Day 14; shortened from 4-6 to 2-4 weeks; Trump "practically nothing left"; war still bullish but shorteningdecreasingmedium-
PA004Iraq production collapsesupply-disruption+$9.3310%4.42→1.2-1.5 mb/d; storage exhausted; restart takes weeks even after Hormuz reopensstablehigh-
PA005US labor market deteriorationdemand-pull-$7.468%NFP -92K (worst since pandemic); unemployment 4.4%; DOGE layoffs; WTI-specific demand headwindincreasingmedium-
PA006Tariff-driven inflation / stagflationfundamental-premium-$5.606%ISM prices 70.5; tariff pass-through + oil spike = dual inflation; stagflation riskincreasingmedium-
PA007Demand destruction at $90+ pricesdemand-pull-$4.665%Approaching but not at destruction threshold ($100-110); acts as rally ceilingincreasingmedium-
PA008UAE/Kuwait forced output cutssupply-disruption+$3.734%Storage filling; forced to cut as Hormuz blocks exportsstablehigh-
PA009US GDP decelerationdemand-pull-$2.803%Q4 2025 at 1.4% vs Q3 4.4%; medium-term demand headwindstablemedium-
PA010EIA crude inventories buildingliquidity-discount-$1.872%3rd consecutive build; Cushing +117K; pre-war domestic dynamicsuncertainlow-
PA011Saudi pre-crisis production rampsupply-disruption-$0.931%10.882 mb/d provides minor offset via non-Hormuz routesstablelow-
PA012OPEC+ output unwindingsupply-disruption-$0.931%206K b/d trivial vs 16+ mb/d disruptionstablelow-

Residual: $82.09/bbl Validation: Components sum to $11.20 vs actual $93.29. Residual represents the base commodity value (~$67 pre-war equilibrium + structural cost-of-production floor) not captured by the event-driven factor model.

Price Forecasts

idinstrumentforecastDatetargetDatetargetTimeframecompositePricecompositeLowcompositeHighcompositeConfidencestatusactualCloseerrorerrorPercentreferences
PF001WTICO_USD2026-03-122026-03-184 trading days99.172125mediumactive---PAT001
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PF001

trackmethodpredictedPricepredictedLowpredictedHighconfidenceweightreasoningreferences
fundamentalscenario-weighted92.2872125medium35Base $88-100 at 45%, Bull $100-125 at 20%, Bear $72-85 at 35%. Hormuz blockade dominant offset by IEA release and war timeline shortening. WTI partially insulated by US production.EV001,EV004,EV009
participantpositioning-flow10091.5108medium-high25Institutional + commercial hedgers net-long with high conviction. Structural buyers at $76-85 now chasing to $90-95. Speculative shorts being squeezed. Equilibrium at $100.PO001,PO002,PO003
patterntechnical-level10691.5120medium20Double bottom with Wyckoff spring ($76.8), neckline $91.5 broken. Measured move target $106.2. Ascending lows accelerating. S/R trust 0.3, momentum trust 0.9.-
regimehistorical-analog10372125medium20Supply Shock Breakout Phase 3 plateau. PATH001 target $100-106 (42% prob, alignment 78). Russia-Ukraine 2022 analog sustained $100+ for months. Current disruption 3-5x larger but shorter timeline.-

PF003

trackmethodpredictedPricepredictedLowpredictedHighconfidenceweightreasoningreferences
fundamentalscenario-weighted$92.28$72.00$125.00medium35Base $88-100 at 45%, Bull $100-125 at 20%, Bear $72-85 at 35%. Weighted average $92.28. Hormuz blockade dominant driver offset by IEA 400M release and war timeline shortening. WTI partially insulated by US production but global deficit lifts all benchmarks.-
participantpositioning-flow$100.00$91.50$108.00medium-high25Institutional + commercial hedgers dominate, net-long with high conviction. Structural buyers treating $76-85 as accumulation zone, now chasing to $90-95. Speculative shorts being squeezed on Mar 12 surge. Equilibrium target $100 where structural buyer demand meets tactical seller supply.-
patterntechnical-level$106.00$91.50$120.00medium20Double bottom with Wyckoff spring ($76.8), neckline break at $91.5 confirmed. Measured move target $106.2. Ascending lows sequence accelerating. V-recovery velocity sustained 48 hours (ratio 2.42). S/R trust 0.3 but momentum trust 0.9 in supply-shock regime.-
regimehistorical-analog$103.00$72.00$125.00medium20Supply Shock Breakout Phase 3 (supply response). Best path PATH001 plateau at $100-106 (42% probability, alignment 78/100). Russia-Ukraine 2022 analog — Brent sustained above $100 for 16+ weeks despite SPR release. Current disruption 3-5x larger but timeline shorter.-