Crude Oil Price Forecast (WTI)
Crude Oil Price Forecast Values by Month
Crude Oil (Light Sweet) Prices. USD/bbl. Average of Month.
| Month | Date | Forecast Value | Avg Error |
|---|---|---|---|
| 0 | Dec 2021 | 71.71 | ±0.00 |
| 1 | Jan 2022 | 81.1 | ±2.7 |
| 2 | Feb 2022 | 78.3 | ±3.6 |
| 3 | Mar 2022 | 77.3 | ±4.1 |
| 4 | Apr 2022 | 76.4 | ±4.5 |
| 5 | May 2022 | 68.9 | ±4.8 |
| 6 | Jun 2022 | 65.4 | ±5.0 |
| 7 | Jul 2022 | 73.2 | ±5.2 |
| 8 | Aug 2022 | 67.1 | ±5.4 |
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Chart of Crude Oil Prices with Forecast
US Dollars per BBL. Includes Predicted Values.
Other Crude Oil Price Resources
FFC's Long Range Crude Oil Price Forecast
A long range prediction for WTI crude oil prices and similar economic series is available by subscription. Click here for more information about FFC's Extended Forecasts.
| January 19, 2022 | |
| Indicator | Value |
|---|---|
| S&P 500 | 4532.76 |
| U.S. GDP Growth, YoY % | 4.95 |
| U.S. Inflation Rate, % | 7.04 |
| Gold Price, $/oz-t | 1840.36 |
| Crude Oil Futures, $/bbl | 86.96 |
| U.S. 10 Year Treasury, % | 1.83 |