The Financial Forecast Center™
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Below is a forecast of WTI crude oil prices, broken down by month. This forecast is produced based on prior values of Brent and WTI crude oil prices along with other factors such as commodity prices, interest rates, currency exchange rates, and economic indicators. To learn more about how this forecast is produced, please see our methodology page.
Month | Date | Forecast Value | Avg Error |
---|---|---|---|
0 | Apr 2022 | 101.78 | ±0.00 |
1 | May 2022 | 110.2 | ±2.7 |
2 | Jun 2022 | 116.8 | ±3.6 |
3 | Jul 2022 | 115.4 | ±4.1 |
4 | Aug 2022 | 101.4 | ±4.5 |
5 | Sep 2022 | 73.3 | ±4.8 |
6 | Oct 2022 | 63.6 | ±5.0 |
7 | Nov 2022 | 66.9 | ±5.2 |
8 | Dec 2022 | 70.4 | ±5.4 |
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FFC's Long Range Crude Oil Price Forecast
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May 23, 2022 | |
Indicator | Value |
---|---|
S&P 500 | 3973.75 |
U.S. GDP Growth, YoY % | 3.57 |
U.S. Inflation Rate, % | 8.54 |
Gold Price, $/oz-t | 1853.50 |
Crude Oil Futures, $/bbl | 110.63 |
U.S. 10 Year Treasury, % | 2.86 |
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