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WTI Crude Oil Price Forecast

Crude Oil Price Forecast Monthly Values

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

Month Date Forecast Value Avg Error
0 Nov 2018 56.99 ±0.00
1 Dec 2018 52.0 ±2.7
2 Jan 2019 53.9 ±3.6
3 Feb 2019 52.7 ±4.1
4 Mar 2019 53.2 ±4.5
5 Apr 2019 57.8 ±4.8
6 May 2019 60.9 ±5.0

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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
December 14, 2018
Indicator Value
S&P 500 2599.95
U.S. GDP Growth, % 3.04
U.S. Inflation Rate, % 2.18
Gold Price, $/oz t 1242.75
Crude Oil Futures, $/bbl 51.23
U.S. 10 Year Treasury, % 2.89

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