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CIBC’s Spector Is Top WTI Oil Forecaster, Ranking Shows

CIBC World Markets Corp., the wholesale-banking unit of Canadian Imperial Bank of Commerce, was the most accurate forecaster of oil traded in New York among analysts ranked by Bloomberg over the past eight quarters.

Estimates by Katherine Spector, CIBC’s New York-based analyst, for West Texas Intermediate crude futures were closest to the actual price from the fourth quarter of 2010 through the quarter ended Sept. 30, 2012.