Oil Price Forecast
Crude Oil Price Forecast Monthly Values
Light Sweet Crude. USD/bbl. Average of Month.
| Month | Date | Forecast Value | Avg Error |
|---|---|---|---|
| 0 | Mar 2018 | 62.69 | ±0.00 |
| 1 | Apr 2018 | 63.5 | ±2.3 |
| 2 | May 2018 | 66.0 | ±3.2 |
| 3 | Jun 2018 | 67.3 | ±3.7 |
| 4 | Jul 2018 | 65.3 | ±4.1 |
| 5 | Aug 2018 | 61.4 | ±4.4 |
| 6 | Sep 2018 | 59.7 | ±4.6 |
Updated April 2018
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Light Sweet Crude. US Dollars per BBL.
Did you know? BBL stands for blue barrel, a 42 gallon oil barrel standardized by Standard Oil Company, the predecessor of ExxonMobil.
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| April 20, 2018 (Close of Day) | |
| Indicator | Value |
|---|---|
| S&P 500 | 2,670.14 |
| US GDP Growth, % | 2.58 |
| US Inflation Rate, % | 2.36 |
| US Unemployment Rate, % | 4.1 |
| Gold Price, $/oz | 1,336.75 |
| WTI Crude Oil Futures, $/bbl | 68.06 |
| US 10 Yr Treasury, % | 2.96 |
