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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 Feb 2017 53.47 ±0.0
1 Mar 2017 49.3 ±2.4
2 Apr 2017 49.8 ±3.2
3 May 2017 53.4 ±3.8
4 Jun 2017 55.1 ±4.4
5 Jul 2017 55.4 ±4.8
6 Aug 2017 54.0 ±5.2

Updated Mar 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
March 24, 2017 (Close of Day)
Indicator Value
S&P 500 2,343.98
US GDP Growth, % 1.90
US Inflation Rate, % 2.74
US Unemployment Rate, % 4.7
Gold Price, $/oz 1,247.50
WTI Crude Oil Futures, $/bbl 48.14
US 10 Yr Treasury, % 2.40

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