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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 Dec 2016 51.97 ±0.0
1 Jan 2017 53.3 ±2.7
2 Feb 2017 51.4 ±3.6
3 Mar 2017 53.6 ±4.3
4 Apr 2017 56.1 ±4.9
5 May 2017 58.1 ±5.4
6 Jun 2017 59.2 ±5.8

Updated Jan 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
January 24, 2017 (Close of Day)
Indicator Value
S&P 500 2,280.07
US GDP Growth, % 1.65
US Inflation Rate, % 2.07
US Unemployment Rate, % 4.7
Gold Price, $/oz 1,216.80
WTI Oil Price, $/bbl 53.18
US 10 Yr Treasury, % 2.47

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