Commentary 12190
March, 2013 Data:
The forecast for Crude Oil Prices is in the table at the top of this page.
Forecast-Chart.com is forecasting that Crude Oil Prices will be roughly $113
next April. The table shows a HDTFA of $27 which suggests that Oil Prices in
April, 2014 could easily fall between $140 and $86. Links to Forecasts for many
other economic indicators may be found by clicking the Economic Forecast link
at the top of this page.
Average Crude Oil Prices
Last Month 93
Last Year . . . . . . . . . . . . . . . . . . . . 92
Last 5 Years 86
Last 10 Years . . . . . . . . . . . . . . . . . 71
Last 20 Years 46
Crude Oil Prices: Highs & Lows
High (Last 12 Months) 103 (April, 2012)
Low (Last 12 Months) 82 (June, 2012)
High (Since January, 1946) 134 (June, 2008)
Low (Since January, 1946) 1 (January, 1946)
The Crude Oil Price for March, 2013 was $93.05. That's $2.27 lower than the
February, 2013 average price which was $95.32. It is $13.14 lower than the
March, 2012 price of $106.19. The fall in Crude Oil Prices from February to
March indicates that the short term Crude Oil Price trend has been down. If that
trend continues, we should see a crude oil price in April, 2013 that is close to
$91.
Over the last year oil prices have averaged $92.07. The average price over
the last 10 years was $71.25. 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.
Forecast-Chart.com's historical research covers Crude Oil Price data back to
January, 1946. The average price of oil during that period of history was
$21.29. 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.
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SignalTrend Inc. 2008 - 2012, All Rights Reserved
March, 2013 Data:
The forecast for Crude Oil Prices is in the table at the top of this page.
Forecast-Chart.com is forecasting that Crude Oil Prices will be roughly $113
next April. The table shows a HDTFA of $27 which suggests that Oil Prices in
April, 2014 could easily fall between $140 and $86. Links to Forecasts for many
other economic indicators may be found by clicking the Economic Forecast link
at the top of this page.
Average Crude Oil Prices
Last Month 93
Last Year . . . . . . . . . . . . . . . . . . . . 92
Last 5 Years 86
Last 10 Years . . . . . . . . . . . . . . . . . 71
Last 20 Years 46
Crude Oil Prices: Highs & Lows
High (Last 12 Months) 103 (April, 2012)
Low (Last 12 Months) 82 (June, 2012)
High (Since January, 1946) 134 (June, 2008)
Low (Since January, 1946) 1 (January, 1946)
The Crude Oil Price for March, 2013 was $93.05. That's $2.27 lower than the
February, 2013 average price which was $95.32. It is $13.14 lower than the
March, 2012 price of $106.19. The fall in Crude Oil Prices from February to
March indicates that the short term Crude Oil Price trend has been down. If that
trend continues, we should see a crude oil price in April, 2013 that is close to
$91.
Over the last year oil prices have averaged $92.07. The average price over
the last 10 years was $71.25. 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.
Forecast-Chart.com's historical research covers Crude Oil Price data back to
January, 1946. The average price of oil during that period of history was
$21.29. 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.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
| $120 |
| $100 |
| $80 |
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.
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 |
| $60 |
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| $40 |
| Crude Oil Price Forecast |
| $140 |
| $20 |
| $160 |
| $180 |
| Crude Oil Price Forecast Politics and the Economy: Which Party is Best? |
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Oil Price Analysis & Forecast
| Forecasts, charts and analysis... |
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