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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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Crude Oil Price Chart with Current Prediction

West Texas Intermediate.  US Dollars per BBL.

Chart of Crude Oil Prices with Forecast

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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Current Economic Indicators
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

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