Crude Oil Price Forecast
West Texas Intermediate Spot Price. USD/bbl. Average of Month.
| Month | Date | Forecast Value | 50% Correct +/- | 80% Correct +/- |
| 0 | Mar 2011 | 102.92 | 0.0 | 0.0 |
| 1 | Apr 2011 | 109.5 | 1.6 | 3.6 |
| 2 | May 2011 | 111.1 | 2.0 | 4.5 |
| 3 | Jun 2011 | 111.8 | 2.3 | 5.2 |
| 4 | Jul 2011 | 109.7 | 2.5 | 5.7 |
| 5 | Aug 2011 | 106.3 | 2.7 | 6.1 |
| 6 | Sep 2011 | 94.9 | 2.9 | 6.5 |
| 7 | Oct 2011 | 85.9 | 3.0 | 6.8 |
| 8 | Nov 2011 | 78.3 | 3.2 | 7.1 |