Crude Oil Price Forecast
Crude Oil Price Forecast
West Texas Intermediate Spot Price. USD/bbl. Average of Month.
| Month | Date | Forecast Value |
50% Correct +/- |
80% Correct +/- |
| 0 | Aug 2008 | 116.6 | 0 | 0 |
| 1 | Sep 2008 | 109 | 6 | 11 |
| 2 | Oct 2008 | 111 | 8 | 13 |
| 3 | Nov 2008 | 110 | 9 | 15 |
| 4 | Dec 2008 | 105 | 10 | 16 |
| 5 | Jan 2009 | 100 | 11 | 17 |
| 6 | Feb 2009 | 101 | 11 | 18 |
| 7 | Mar 2009 | 114 | 12 | 19 |
| 8 | Apr 2009 | 122 | 12 | 20 |
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Crude Oil Prices
Past Trend Present Value & Future Projection
West Texas Intermediate. US Dollars per barrel.
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Current Economic Indicators |
|
| September 05, 2008 (Close of Day) | |
|
Indicator |
Value |
| Inflation % | 5.52 |
| GDP Growth % | 3.24 |
| Unemployment % | 6.10 |
| Gold $/oz | 808.50 |
| Oil $/bbl | 106.23 |
| Prime % | 5.00 |