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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 Nov 2016 45.66 ±0.0
1 Dec 2016 48.3 ±2.7
2 Jan 2017 45.6 ±3.6
3 Feb 2017 47.8 ±4.3
4 Mar 2017 50.5 ±4.9
5 Apr 2017 53.1 ±5.4
6 May 2017 55.2 ±5.8

Updated Dec 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
December 05, 2016 (Close of Day)
Indicator Value
S&P 500 2,204.71
US GDP Growth, % 1.57
US Inflation Rate, % 1.64
US Unemployment Rate, % 4.6
Gold Price, $/oz 1,162.20
WTI Oil Price, $/bbl 51.79
US 10 Yr Treasury, % 2.39

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