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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 Error
0 Aug 2016 44.72 ±0.0
1 Sep 2016 42.4 ±2.0
2 Oct 2016 40.0 ±2.5
3 Nov 2016 37.4 ±2.8
4 Dec 2016 34.2 ±3.1
5 Jan 2017 34.9 ±3.3
6 Feb 2017 39.5 ±3.5

Updated Sep 2016

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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
September 28, 2016 (Close of Day)
Indicator Value
S&P 500 2,171.37
US GDP Growth, % 1.20
US Inflation Rate, % 1.06
US Unemployment Rate, % 4.9
Gold Price, $/oz 1,322.50
WTI Oil Price, $/bbl 47.05
US 10 Yr Treasury, % 1.57

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