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Crude Oil Price Forecast

Crude Oil Price Forecast Values

West Texas Intermediate. USD/bbl. Average of Month.

Month Date Forecast Value Avg Error
0 May 2017 48.49 ±0.0
1 Jun 2017 46.8 ±2.4
2 Jul 2017 45.7 ±3.2
3 Aug 2017 47.9 ±3.8
4 Sep 2017 50.1 ±4.4
5 Oct 2017 50.1 ±4.8
6 Nov 2017 48.5 ±5.2

Updated Jun 2017

Crude Oil Price Chart with Current Prediction

West Texas Intermediate.  US Dollars per BBL.

Chart of Crude Oil Prices with Forecast

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

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Current Economic Indicators
June 21, 2017 (Close of Day)
Indicator Value
S&P 500 2,435.61
US GDP Growth, % 2.04
US Inflation Rate, % 1.87
US Unemployment Rate, % 4.3
Gold Price, $/oz 1,242.50
WTI Crude Oil Futures, $/bbl 42.48
US 10 Yr Treasury, % 2.16

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