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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 Jun 2017 45.18 ±0.0
1 Jul 2017 45.1 ±2.4
2 Aug 2017 44.8 ±3.2
3 Sep 2017 47.2 ±3.8
4 Oct 2017 47.9 ±4.4
5 Nov 2017 48.5 ±4.8
6 Dec 2017 47.7 ±5.2

Updated Jul 2017


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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
July 21, 2017 (Close of Day)
Indicator Value
S&P 500 2,472.54
US GDP Growth, % 2.10
US Inflation Rate, % 1.63
US Unemployment Rate, % 4.4
Gold Price, $/oz 1,248.55
WTI Crude Oil Futures, $/bbl 45.58
US 10 Yr Treasury, % 2.24

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