Crude Oil Price Forecast
Current detailed forecast of crude oil prices using advanced, data-driven AI models.
This forecast is based on prior values of Brent and WTI crude oil prices along with crude oil production and consumption, currency exchange rates and other commodity prices.
Crude Oil Price Forecast Values by Month
Crude Oil (Light Sweet) Prices. USD/bbl. Average of Month.
| Month | Date | Forecast Value | Avg Error |
|---|---|---|---|
| 0 | Jul 2026 | 79.89 | ±0.00 |
| 1 | Aug 2026 | 82.1 | ±2.7 |
| 2 | Sep 2026 | 76.7 | ±3.6 |
| 3 | Oct 2026 | 72.3 | ±4.1 |
| 4 | Nov 2026 | 70.8 | ±4.5 |
| 5 | Dec 2026 | 87.8 | ±4.8 |
| 6 | Jan 2027 | 82.3 | ±5.0 |
| 7 | Feb 2027 | 82.7 | ±5.2 |
| 8 | Mar 2027 | 88.1 | ±5.4 |
Get the Rest of the Story with the 5 Year Forecast!
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 5 year forecast for WTI crude oil prices and similar economic series are available by subscription. Click here for more information about FFC's Extended Forecasts.
| July 31, 2026 | |
| Indicator | Value |
|---|---|
| S&P 500 | 7489.72 |
| U.S. GDP Growth, YoY % | 2.10 |
| U.S. Inflation Rate, % | 3.53 |
| Gold Price, $/oz-t | 4045.80 |
| Crude Oil Futures, $/bbl | 84.59 |
| U.S. 10 Year Treasury, % | 4.75 |