Visit MarketVector For a slightly different take on all of these forecasts: MarketVector.com Forecasts
April 6, 2016
FFC is forecasting the price of crude oil to be $39.70/bbl for April 2016, up from an average price of $37.55/bbl in March 2016. The price of crude oil (WTI) will cycle up over the next 3-4 months due to seasonal demand.
The forecast below breaks down the predicted price of crude oil by month.
Updated Apr 2016
A long range forecast for WTI Crude Oil Prices and similar economic series is available by subscriptionClick here to subscribe to FFC's Extended Forecasts.
|April 29, 2016 (Close of Day)|
|US GDP Growth, %||1.95|
|US Inflation Rate, %||0.85|
|US Unemployment Rate, %||5.0|
|Gold Price, $/oz||1,285.65|
|WTI Oil Price, $/bbl||45.92|
|US 10 Yr Treasury, %||1.83|