are analysts good at predicting anything?

here's the latest "analyst" forecast that totally missed the mark (9 am 5-21-08) . . . . Just hitting the wires, crude oil inventories for the week ended May 17 fell 5.32 million barrels, snapping four straight weeks of inventory builds. Analysts forecasted that stockpiles would increase by 300,000 barrels. Crude was trading nearly unchanged at $128.93 per barrel just prior to the release

that's a whopping BIG miss, don't you think?