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 | May 2008 | 125.4 | 0 | 0 |
| 1 | Jun 2008 | 142 | 6 | 10 |
| 2 | Jul 2008 | 128 | 8 | 13 |
| 3 | Aug 2008 | 119 | 9 | 15 |
| 4 | Sep 2008 | 109 | 10 | 16 |
| 5 | Oct 2008 | 103 | 10 | 17 |
| 6 | Nov 2008 | 105 | 11 | 18 |
| 7 | Dec 2008 | 115 | 11 | 19 |
| 8 | Jan 2009 | 124 | 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 |
|
| July 02, 2008 (Close of Day) | |
|
Indicator |
Value |
| Inflation % | 4.08 |
| GDP Growth % | 0.96 |
| Unemployment % | 5.50 |
| Gold $/oz | 935.25 |
| Oil $/bbl | 143.57 |
| Prime % | 5.00 |