At the beginning of each year, I make several predictions about the energy sector for the upcoming year. You can see those predictions and read the context at Energy Sector Predictions For 2019 . There is still a week left in 2019, but I believe there is enough available information to gauge the accuracy of these predictions. As always, I provided predictions that are specific and measurable. Following each prediction, I discuss what actually happened in 2019, and conclude with whether the prediction was right or wrong. 1. Oil prices will rise at least $25/bbl in 2019 According to data from the Energy Information Administration , the price of West Texas Intermediate (WTI) closed the last day of 2018 at $45.15/bbl. Brent closed the year at $50.57/bbl. WTI traded at its highest value of $66.24/bbl on April 23. That represented an increase of $21.09/bbl over its December close. It […]