Crude Oil Price Forecast
Crude Oil Price Forecast
West Texas Intermediate Spot Price. USD/bbl. Average of Month.
| May 2008 |
Jun 2008 |
Jul 2008 |
Aug 2008 |
Sep 2008 |
Oct 2008 |
|
| Forecast Value | 119.3 | 107.2 | 102.1 | 95.1 | 88.6 | 89.2 |
| 50% Correct | 4.4 | 5.4 | 6.1 | 6.6 | 7.1 | 7.5 |
| 80% Correct | 7.2 | 8.9 | 10 | 11 | 12 | 12 |
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Crude Oil Prices
Past Trend Present Value & Future Projection
West Texas Intermediate. US Dollars per barrel.
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Current Economic Indicators |
|
| May 13, 2008 (Close of Day) | |
|
Indicator |
Value |
| Inflation % | 4.00 |
| GDP Growth % | 0.60 |
| Unemployment % | 5.00 |
| Gold $/oz | 865.00 |
| Oil $/bbl | 125.80 |
| Prime % | 5.00 |