These Titans of Oil Are Experts at Making Bold Predictions*
*They just don't often come true
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Nobody saw it coming.
Oil prices had been sliding, but on Oct. 1, the future still looked bright. For the next three months, oil would average $97 a barrel, according to a Bloomberg survey of 36 analysts. The first quarter of 2015 would be even better. The most pessimistic among them called for $91 a barrel.