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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 Jan 2017 52.50 ±0.0
1 Feb 2017 53.5 ±2.7
2 Mar 2017 55.2 ±3.6
3 Apr 2017 56.1 ±4.3
4 May 2017 58.1 ±4.9
5 Jun 2017 59.2 ±5.4
6 Jul 2017 59.4 ±5.8

Updated Feb 2017

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Crude Oil Price Chart with Current Prediction

West Texas Intermediate.  US Dollars per barrel.

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
February 17, 2017 (Close of Day)
Indicator Value
S&P 500 2,351.16
US GDP Growth, % 1.90
US Inflation Rate, % 2.50
US Unemployment Rate, % 4.8
Gold Price, $/oz 1,241.95
WTI Crude Oil Futures, $/bbl 53.38
US 10 Yr Treasury, % 2.42

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