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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 Jan 2019 51.39 ±0.00
1 Feb 2019 53.8 ±2.7
2 Mar 2019 61.1 ±3.6
3 Apr 2019 59.1 ±4.1
4 May 2019 62.1 ±4.5
5 Jun 2019 60.7 ±4.8
6 Jul 2019 64.5 ±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
February 22, 2019
Indicator Value
S&P 500 2792.67
U.S. GDP Growth, % 3.00
U.S. Inflation Rate, % 1.55
Gold Price, $/oz t 1327.40
Crude Oil Futures, $/bbl 57.19
U.S. 10 Year Treasury, % 2.65

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