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Crude Oil Price Forecast

Crude Oil Price Forecast Monthly Values

Light Sweet Crude. USD/bbl. Average of Month.

Published: June 2018

Month Date Forecast Value Avg Error
0 May 2018 69.98 ±0.00
1 Jun 2018 67.9 ±2.3
2 Jul 2018 70.3 ±3.2
3 Aug 2018 66.4 ±3.7
4 Sep 2018 62.3 ±4.1
5 Oct 2018 59.0 ±4.4
6 Nov 2018 56.9 ±4.6

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Chart of Crude Oil Prices with Forecast

Light Sweet Crude.  US Dollars per BBL.

Chart of Crude Oil Prices with Forecast

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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Current Economic Indicators
June 21, 2018
Indicator Value
S&P 500 2749.76
U.S. GDP Growth, % 2.82
U.S. Inflation Rate, % 2.80
Gold Price, $/oz t 1266.15
Crude Oil Futures, $/bbl 65.80
U.S. 10 Year Treasury, % 2.90

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