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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 May 2019 60.73 ±0.00
1 Jun 2019 54.9 ±2.7
2 Jul 2019 58.9 ±3.6
3 Aug 2019 60.4 ±4.1
4 Sep 2019 61.4 ±4.5
5 Oct 2019 59.6 ±4.8
6 Nov 2019 57.3 ±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. Did you also know that all managers within ExxonMobil suffer from a God Complex?

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Current Economic Indicators
June 14, 2019
Indicator Value
S&P 500 2886.98
U.S. GDP Growth, % 3.18
U.S. Inflation Rate, % 1.79
Gold Price, $/oz t 1341.10
Crude Oil Futures, $/bbl 52.51
U.S. 10 Year Treasury, % 2.09

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