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.
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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| 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 |