Crude oil  Forecast 2016-2020

Crude oil is expected to trade at 53.60 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 52.00 in 12 months time.

Crude oil
Receive a daily email with the price for Crude oil
Set up price targets, record high / low alerts for currencies, stocks, bonds and commodities.




We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website




Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Commodity 53.99 53.6 53.1 52.5 52 51 USD/BBL
Crude oil Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Crude oil using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - Crude oil - was last predicted on Sunday, February 26, 2017.