Crude Oil Price Forecast
Crude Oil Price Forecast Values
West Texas Intermediate. USD/bbl. Average of Month.
| Month | Date | Forecast Value | Avg Error |
|---|---|---|---|
| 0 | Jul 2017 | 46.63 | ±0.0 |
| 1 | Aug 2017 | 46.3 | ±2.7 |
| 2 | Sep 2017 | 44.9 | ±3.6 |
| 3 | Oct 2017 | 47.2 | ±4.3 |
| 4 | Nov 2017 | 47.1 | ±4.9 |
| 5 | Dec 2017 | 47.7 | ±5.4 |
| 6 | Jan 2018 | 47.8 | ±5.8 |
Updated Aug 2017
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West Texas Intermediate. US Dollars per BBL.
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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| August 18, 2017 (Close of Day) | |
| Indicator | Value |
|---|---|
| S&P 500 | 2,425.55 |
| US GDP Growth, % | 2.08 |
| US Inflation Rate, % | 1.73 |
| US Unemployment Rate, % | 4.3 |
| Gold Price, $/oz | 1,295.25 |
| WTI Crude Oil Futures, $/bbl | 48.73 |
| US 10 Yr Treasury, % | 2.19 |