Comment / Crystal ball budget forecasting

ID 144623161 © Vladislav Astanin | Dreamstime.com

Guessing games

Welcome to 2025! For many transport companies it is budget season, and the price of oil is a critical consideration in determining your profit targets.

Crystal ball prediction

For the second time in my career, a very senior manager recently had asked for my forecast on oil prices. This time around, I was confident enough to make a sarcastic comment along the lines of “if I knew what oil prices were going to do, I would become an oil ...