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Monthly Crude Spot Oil Price: West Texas Intermediate is plotted in gray. Source: Dow Jones &
Company. The forecast for the target month is shown in green. Other links related to this economic
indicator are below.
Spot Oil Price: West Texas Intermediate - 5 Year History
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Spot Oil Price: West Texas Intermediate Forecast
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Forecast for Crude Spot Oil Price: West Texas Intermediate for the target month indicated. Measurement is in Dollars per Barrel.
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Updated Tuesday, August 24, 2010.
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Historical Crude Oil Prices
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1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965
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1.4 1.8 2.6 2.6 2.6 2.6 2.6 2.7 2.8 2.8 2.8 3.0 3.1 3.0 3.0 3.0 3.0 3.0 2.9 2.9
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1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985
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2.9 3.0 3.1 3.3 3.4 3.6 3.6 3.9 10 11 13 14 15 22 37 37 34 30 29 28
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1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
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15 19 16 20 24 21 21 18 17 18 22 21 14 19 30 26 26 31 41 56
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2006 2007 2008 2009
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66 72 100 62
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Average Crude Oil Prices are shown in this table: 1946 to present
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Commentary 4418
July, 2010 Data:
The forecast for Crude Oil Prices is in the table at the top of this page. We are
forecasting that Crude Oil Prices will be roughly $60 next August. The table
shows a HDTFA of $14 which suggests that Oil Prices in August, 2011 could
easily fall between $74 and $46. Links to Forecasts for many other economic
indicators may be found on the left side of this page.
The Crude Oil Price for July, 2010 was $76.37. That's $1.02 higher than the
June, 2010 average price which was $75.35. It is $12.28 higher than the July,
2009 price of $64.09. The rise in Crude Oil Prices from June to July indicates
that the short term Crude Oil Price trend has been up. If that trend continues,
we should see a crude oil price in August, 2010 that is close to $77.
Over the last year oil prices have averaged $76.22. The average price over
the last 10 years was $53.97. Higher Crude Oil Prices over the last 12 months
compared to the average oil prices over the last 10 years serve as an indicator
that the long term rate trend in the Crude Oil Price is up. Oil price expectations
should be adjusted accordingly.
ForecastChart.com's historical research covers Crude Oil Price data back to
January, 1946. The average price of oil during that period of history was
$18.35. The highest price was $133.93. The lowest oil price was $1.17. The
high was attained in June, of 2008. The low was achieved in January of 1946.
All crude oil price figures are based on the average daily price per month.
This page provides a five year chart and a forecast for Crude Oil Prices. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on
Crude Oil Prices. Just one glance at our long term charts can provide
tremendous insight into the historical trends of the financial markets. The data
table above presents the history of Crude Oil Prices in numerical format.
Commentary 3808
June, 2010 Data:
The forecast for Crude Oil Prices is in the table at the top of this page. We are
forecasting that Crude Oil Prices will be roughly $59 next July. The table shows
a HDTFA of $14 which suggests that Oil Prices in July, 2011 could easily fall
between $73 and $45. Links to Forecasts for many other economic indicators
may be found on the left side of this page.
The Crude Oil Price for June, 2010 was $75.35. That's $1.51 higher than the
May, 2010 average price which was $73.84. It is $5.67 higher than the June,
2009 price of $69.68. The rise in Crude Oil Prices from May to June indicates
that the short term Crude Oil Price trend has been up. If that trend continues,
we should see a crude oil price in July, 2010 that is close to $77.
Over the last year oil prices have averaged $75.20. The average price over
the last 10 years was $53.58. Higher Crude Oil Prices over the last 12 months
compared to the average oil prices over the last 10 years serve as an indicator
that the long term rate trend in the Crude Oil Price is up. Oil price expectations
should be adjusted accordingly.
ForecastChart.com's historical research covers Crude Oil Price data back to
January, 1946. The average price of oil during that period of history was
$18.28. The highest price was $133.93. The lowest oil price was $1.17. The
high was attained in June, of 2008. The low was achieved in January of 1946.
All crude oil price figures are based on the average daily price per month.
This page provides a five year chart and a forecast for Crude Oil Prices. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on
Crude Oil Prices. Just one glance at our long term charts can provide
tremendous insight into the historical trends of the financial markets. The data
table above presents the history of Crude Oil Prices in numerical format.
Commentary 3656
April, 2010 Data:
The forecast for Crude Oil Prices is in the table at the top of this page. We are
forecasting that Crude Oil Prices will be roughly $71 next May. The table shows
a HDTFA of $17 which suggests that Oil Prices in May, 2011 could easily fall
between $87 and $54. Links to Forecasts for many other economic indicators
may be found on the left side of this page.
The Crude Oil Price for April, 2010 was $84.48. That's $3.24 higher than the
March, 2010 average price which was $81.24. It is $34.69 higher than the April,
2009 price of $49.79. The rise in Crude Oil Prices from March to April indicates
that the short term Crude Oil Price trend has been up. If that trend continues,
we should see a crude oil price in May, 2010 that is close to $88.
Over the last year oil prices have averaged $73.50. The average price over
the last 10 years was $52.84. Higher Crude Oil Prices over the last 12 months
compared to the average oil prices over the last 10 years serve as an indicator
that the long term rate trend in the Crude Oil Price is up. Oil price expectations
should be adjusted accordingly.
ForecastChart.com's historical research covers Crude Oil Price data back to
January, 1946. The average price of oil during that period of history was
$18.13. The highest price was $133.93. The lowest oil price was $1.17. The
high was attained in June, of 2008. The low was achieved in January of 1946.
All crude oil price figures are based on the average daily price per month.
This page provides a five year chart and a forecast for Crude Oil Prices. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on
Crude Oil Prices. Just one glance at our long term charts can provide
tremendous insight into the historical trends of the financial markets. The data
table above presents the history of Crude Oil Prices in numerical format.
Commentary 3046
March, 2010 Data:
The forecast for Crude Oil Prices is in the table at the top of this page. We are
forecasting that Crude Oil Prices will be roughly $69 next April. The table shows
a HDTFA of $16 which suggests that Oil Prices in April, 2011 could easily fall
between $85 and $53. Links to Forecasts for many other economic indicators
may be found on the left side of this page.
The Crude Oil Price for March, 2010 was $81.24. That's $4.82 higher than the
February, 2010 average price which was $76.42. It is $33.26 higher than the
March, 2009 price of $47.98. The rise in Crude Oil Prices from February to
March indicates that the short term Crude Oil Price trend has been up. If that
trend continues, we should see a crude oil price in April, 2010 that is close to
$86.
Over the last year oil prices have averaged $70.61. The average price over
the last 10 years was $52.35. Higher Crude Oil Prices over the last 12 months
compared to the average oil prices over the last 10 years serve as an indicator
that the long term rate trend in the Crude Oil Price is up. Oil price expectations
should be adjusted accordingly.
ForecastChart.com's historical research covers Crude Oil Price data back to
January, 1946. The average price of oil during that period of history was
$18.04. The highest price was $133.93. The lowest oil price was $1.17. The
high was attained in June, of 2008. The low was achieved in January of 1946.
All crude oil price figures are based on the average daily price per month.
This page provides a five year chart and a forecast for Crude Oil Prices. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on
Crude Oil Prices. Just one glance at our long term charts can provide
tremendous insight into the historical trends of the financial markets. The data
table above presents the history of Crude Oil Prices in numerical format.
Commentary 2970
February, 2010 Data:
The forecast for Crude Oil Prices is in the table at the top of this page. We are
forecasting that Crude Oil Prices will be roughly $70 next March. The table
shows a HDTFA of $16 which suggests that Oil Prices in March, 2011 could
easily fall between $86 and $54. Links to Forecasts for many other economic
indicators may be found on the left side of this page.
The Crude Oil Price for February, 2010 was $76.42. That's $1.80 lower than
the January, 2010 average price which was $78.22. It is $37.26 higher than the
February, 2009 price of $39.16. The fall in Crude Oil Prices from January to
February indicates that the short term Crude Oil Price trend has been down. If
that trend continues, we should see a crude oil price in March, 2010 that is
close to $75.
Over the last year oil prices have averaged $67.84. The average price over
the last 10 years was $51.93. Higher Crude Oil Prices over the last 12 months
compared to the average oil prices over the last 10 years serve as an indicator
that the long term rate trend in the Crude Oil Price is up. Oil price expectations
should be adjusted accordingly.
ForecastChart.com's historical research covers Crude Oil Price data back to
January, 1946. The average price of oil during that period of history was
$17.96. The highest price was $133.93. The lowest oil price was $1.17. The
high was attained in June, of 2008. The low was achieved in January of 1946.
All crude oil price figures are based on the average daily price per month.
This page provides a five year chart and a forecast for Crude Oil Prices. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on
Crude Oil Prices. Just one glance at our long term charts can provide
tremendous insight into the historical trends of the financial markets. The data
table above presents the history of Crude Oil Prices in numerical format.
Commentary 2894
January, 2010 Data:
The forecast for Crude Oil Prices is in the table at the top of this page. We are
forecasting that Crude Oil Prices will be roughly $88 next February. The table
shows a HDTFA of $20 which suggests that Oil Prices in February, 2011 could
easily fall between $108 and $68. Links to Forecasts for many other economic
indicators may be found on the left side of this page.
The Crude Oil Price for January, 2010 was $78.22. That's $3.92 higher than
the December, 2009 average price which was $74.30. It is $36.48 higher than
the January, 2009 price of $41.74. The rise in Crude Oil Prices from December
to January indicates that the short term Crude Oil Price trend has been up. If
that trend continues, we should see a crude oil price in February, 2010 that is
close to $82.
Over the last year oil prices have averaged $64.73. The average price over
the last 10 years was $51.53. Higher Crude Oil Prices over the last 12 months
compared to the average oil prices over the last 10 years serve as an indicator
that the long term rate trend in the Crude Oil Price is up. Oil price expectations
should be adjusted accordingly.
ForecastChart.com's historical research covers Crude Oil Price data back to
January, 1946. The average price of oil during that period of history was
$17.88. The highest price was $133.93. The lowest oil price was $1.17. The
high was attained in June, of 2008. The low was achieved in January of 1946.
All crude oil price figures are based on the average daily price per month.
This page provides a five year chart and a forecast for Crude Oil Prices. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on
Crude Oil Prices. Just one glance at our long term charts can provide
tremendous insight into the historical trends of the financial markets. The data
table above presents the history of Crude Oil Prices in numerical format.
Commentary 2284
December, 2009 Data:
The forecast for Crude Oil Prices is in the table at the top of this page. We are
forecasting that Crude Oil Prices will be roughly $95 next January. The table
shows a HDTFA of $22 which suggests that Oil Prices in January, 2011 could
easily fall between $117 and $73. Links to Forecasts for many other economic
indicators may be found on the left side of this page.
The Crude Oil Price for December, 2009 was $74.30. That's $3.78 lower than
the November, 2009 average price which was $78.08. It is $33.28 higher than
the December, 2008 price of $41.02. The fall in Crude Oil Prices from
November to December indicates that the short term Crude Oil Price trend has
been down. If that trend continues, we should see a crude oil price in January,
2010 that is close to $71.
Over the last year oil prices have averaged $61.69. The average price over
the last 10 years was $51.11. Higher Crude Oil Prices over the last 12 months
compared to the average oil prices over the last 10 years serve as an indicator
that the long term rate trend in the Crude Oil Price is up. Oil price expectations
should be adjusted accordingly.
ForecastChart.com's historical research covers Crude Oil Price data back to
January, 1946. The average price of oil during that period of history was
$17.81. The highest price was $133.93. The lowest oil price was $1.17. The
high was attained in June, of 2008. The low was achieved in January of 1946.
All crude oil price figures are based on the average daily price per month.
This page provides a five year chart and a forecast for Crude Oil Prices. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on
Crude Oil Prices. Just one glance at our long term charts can provide
tremendous insight into the historical trends of the financial markets. The data
table above presents the history of Crude Oil Prices in numerical format.
Commentary 2208
November, 2009 Data:
The forecast for Crude Oil Prices is in the table at the top of this page. We are
forecasting that Crude Oil Prices will be roughly $68 next December. The table
shows a HDTFA of $15 which suggests that Oil Prices in December, 2010 could
easily fall between $84 and $53. Links to Forecasts for many other economic
indicators may be found on the left side of this page.
The Crude Oil Price for November, 2009 was $78.08. That's $2.26 higher than
the October, 2009 average price which was $75.82. It is $20.64 higher than the
November, 2008 price of $57.44. The rise in Crude Oil Prices from October to
November indicates that the short term Crude Oil Price trend has been up. If
that trend continues, we should see a crude oil price in December, 2009 that is
close to $80.
Over the last year oil prices have averaged $58.92. The average price over
the last 10 years was $50.71. Higher Crude Oil Prices over the last 12 months
compared to the average oil prices over the last 10 years serve as an indicator
that the long term rate trend in the Crude Oil Price is up. Oil price expectations
should be adjusted accordingly.
Our historical research covers Crude Oil Price data back to January, 1946. The
average price of oil during that period of history was $17.73. The highest price
was $133.93. The lowest oil price was $1.17. The high was attained in June, of
2008. The low was achieved in January of 1946.
All crude oil price figures are based on the average daily price per month.
This page provides a five year chart and a forecast for Crude Oil Prices. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on
Crude Oil Prices. Just one glance at our long term charts can provide
tremendous insight into the historical trends of the financial markets. The data
table above presents the history of Crude Oil Prices in numerical format.
Commentary 2132
October, 2009 Data:
The forecast for Crude Oil Prices is in the table at the top of this page. We are
forecasting that Crude Oil Prices will be roughly $68 next November. The table
shows a HDTFA of $15 which suggests that Oil Prices in November, 2010 could
easily fall between $84 and $53. Links to Forecasts for many other economic
indicators may be found on the left side of this page.
The Crude Oil Price for October, 2009 was $75.82. That's $6.36 higher than
the September, 2009 average price which was $69.46. It is $0.83 lower than the
October, 2008 price of $76.65. The rise in Crude Oil Prices from September to
October indicates that the short term Crude Oil Price trend has been up. If that
trend continues, we should see a crude oil price in November, 2009 that is
close to $82.
Over the last year oil prices have averaged $57.20. The average price over
the last 10 years was $50.26. Higher Crude Oil Prices over the last 12 months
compared to the average oil prices over the last 10 years serve as an indicator
that the long term rate trend in the Crude Oil Price is up. Oil price expectations
should be adjusted accordingly.
Our historical research covers Crude Oil Price data back to January, 1946. The
average price of oil during that period of history was $17.65. The highest price
was $133.93. The lowest oil price was $1.17. The high was attained in June, of
2008. The low was achieved in January of 1946.
All crude oil price figures are based on the average daily price per month.
This page provides a five year chart and a forecast for Crude Oil Prices. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on
Crude Oil Prices. Just one glance at our long term charts can provide
tremendous insight into the historical trends of the financial markets. The data
table above presents the history of Crude Oil Prices in numerical format.
Commentary 1141
September, 2009 Data:
The forecast for Crude Oil Prices is in the table at the top of this page. We are
forecasting that Crude Oil Prices will be roughly $69 next October. The table
shows a HDTFA of $15 which suggests that Oil Prices in October, 2010 could
easily fall between $84 and $53. Links to Forecasts for many other economic
indicators may be found on the left side of this page.
The Crude Oil Price for September, 2009 was $69.46. That's $1.60 lower than
the August, 2009 average price which was $71.06. It is $34.44 lower than the
September, 2008 price of $103.90. The fall in Crude Oil Prices from August to
September indicates that the short term Crude Oil Price trend has been down. If
that trend continues, we should see a crude oil price in October, 2009 that is
close to $68.
Over the last year oil prices have averaged $57.27. The average price over
the last 10 years was $49.82. Higher Crude Oil Prices over the last 12 months
compared to the average oil prices over the last 10 years serve as an indicator
that the long term rate trend in the Crude Oil Price is up. Oil price expectations
should be adjusted accordingly.
Our historical research covers Crude Oil Price data back to January, 1946. The
average price of oil during that period of history was $17.58. The highest price
was $133.93. The lowest oil price was $1.17. The high was attained in June, of
2008. The low was achieved in January of 1946.
All crude oil price figures are based on the average daily price per month.
This page provides a five year chart and a forecast for Crude Oil Prices. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on
Crude Oil Prices. Just one glance at our long term charts can provide
tremendous insight into the historical trends of the financial markets. The data
table above presents the history of Crude Oil Prices in numerical format.
Commentary 1065
August, 2009 Data:
The forecast for Crude Oil Prices is in the table at the top of this page. We are
forecasting that Crude Oil Prices will be roughly $68 next September. The table
shows a HDTFA of $15 which suggests that Oil Prices in September, 2010
could easily fall between $83 and $52. Links to Forecasts for many other
economic indicators may be found on the left side of this page.
The Crude Oil Price for August, 2009 was $71.06. That's $6.97 higher than the
July, 2009 average price which was $64.09. It is $45.55 lower than the August,
2008 price of $116.61. The rise in Crude Oil Prices from July to August
indicates that the short term Crude Oil Price trend has been up. If that trend
continues, we should see a crude oil price in September, 2009 that is close to
$78.
Over the last year oil prices have averaged $60.14. The average price over
the last 10 years was $49.44. Higher Crude Oil Prices over the last 12 months
compared to the average oil prices over the last 10 years serve as an indicator
that the long term rate trend in the Crude Oil Price is up. Oil price expectations
should be adjusted accordingly.
Our historical research covers Crude Oil Price data back to January, 1946. The
average price of oil during that period of history was $17.51. The highest price
was $133.93. The lowest oil price was $1.17. The high was attained in June, of
2008. The low was achieved in January of 1946.
All crude oil price figures are based on the average daily price per month.
This page provides a five year chart and a forecast for Crude Oil Prices. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on
Crude Oil Prices. Just one glance at our long term charts can provide
tremendous insight into the historical trends of the financial markets. The data
table above presents the history of Crude Oil Prices in numerical format.
Commentary 989
July, 2009 Data:
The forecast for Crude Oil Prices is in the table at the top of this page. We are
forecasting that Crude Oil Prices will be roughly $57 next August. The table
shows a HDTFA of $13 which suggests that Oil Prices in August, 2010 could
easily fall between $70 and $44. Links to Forecasts for many other economic
indicators may be found on the left side of this page.
The Crude Oil Price for July, 2009 was $64.09. That's $5.59 lower than the
June, 2009 average price which was $69.68. It is $69.35 lower than the July,
2008 price of $133.44. The fall in Crude Oil Prices from June to July indicates
that the short term Crude Oil Price trend has been down. If that trend continues,
we should see a crude oil price in August, 2009 that is close to $59.
Over the last year oil prices have averaged $63.94. The average price over
the last 10 years was $49.03. Higher Crude Oil Prices over the last 12 months
compared to the average oil prices over the last 10 years serve as an indicator
that the long term rate trend in the Crude Oil Price is up. Oil price expectations
should be adjusted accordingly.
Our historical research covers Crude Oil Price data back to January, 1946. The
average price of oil during that period of history was $17.44. The highest price
was $133.93. The lowest oil price was $1.17. The high was attained in June, of
2008. The low was achieved in January of 1946.
All crude oil price figures are based on the average daily price per month.
This page provides a five year chart and a forecast for Crude Oil Prices. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on
Crude Oil Prices. Just one glance at our long term charts can provide
tremendous insight into the historical trends of the financial markets. The data
table above presents the history of Crude Oil Prices in numerical format.
Commentary 2
June, 2009 Data:
The forecast for Crude Oil Prices is in the table at the top of this page. We are
forecasting that Crude Oil Prices will be roughly $68 next July. The table shows
a HDTFA of $15 which suggests that Oil Prices in July, 2010 could easily fall
between $83 and $53. Links to Forecasts for many other economic indicators
may be found on the left side of this page.
The Crude Oil Price for June, 2009 was $69.68. That's $10.52 higher than the
May, 2009 average price which was $59.16. It is $64.25 lower than the June,
2008 price of $133.93. The rise in Crude Oil Prices from May to June provides
evidence that the short term Crude Oil Price trend is up. If that trend continues,
we should see a crude oil price in July, 2009 that is close to $80.
Over the last year oil prices have averaged $69.71. The average price over
the last 10 years was $48.66. Higher Crude Oil Prices over the last 12 months
compared to the average oil prices over the last 10 years serve as an indicator
that the long term rate trend in the Crude Oil Price is up. Oil price expectations
should be adjusted accordingly.
Our historical research covers Crude Oil Price data back to January, 1946. The
average price of oil during that period of history was $17.38. The highest price
was $133.93. The lowest oil price was $1.17. The high was attained in June, of
2008. The low was achieved in January of 1946.
All crude oil price figures are based on the average daily price per month.
This page provides a five year chart and a forecast for Crude Oil Prices. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on
Crude Oil Prices. Just one glance at our long term charts can provide
tremendous insight into the historical trends of the financial markets.
_____________________________________________________________
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