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Oil Price Forecast

Crude Oil Price Forecast Monthly Values

Light Sweet Crude. USD/bbl. Average of Month.

Month Date Forecast Value Avg Error
0 Mar 2018 62.69 ±0.00
1 Apr 2018 63.5 ±2.3
2 May 2018 66.0 ±3.2
3 Jun 2018 67.3 ±3.7
4 Jul 2018 65.3 ±4.1
5 Aug 2018 61.4 ±4.4
6 Sep 2018 59.7 ±4.6

Updated April 2018

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Chart of Crude Oil Prices with Forecast

Light Sweet Crude.  US Dollars per BBL.

Chart of Crude Oil Prices with Forecast

Did you know?  BBL stands for blue barrel, a 42 gallon oil barrel standardized by Standard Oil Company, the predecessor of ExxonMobil.

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Current Economic Indicators
April 20, 2018 (Close of Day)
Indicator Value
S&P 500 2,670.14
US GDP Growth, % 2.58
US Inflation Rate, % 2.36
US Unemployment Rate, % 4.1
Gold Price, $/oz 1,336.75
WTI Crude Oil Futures, $/bbl 68.06
US 10 Yr Treasury, % 2.96

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