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Crude Oil Futures

Energy · Monthly series · NYMEX:CL1!

Latest, October 2026

104.12 USD/BLL

+15.2% from September 2026

Recent history

The 24 most recent observations, newest first.
PeriodValue
October 2026104.12 USD/BLL
September 202690.42 USD/BLL
August 202685.76 USD/BLL
July 202684.67 USD/BLL
June 202669.50 USD/BLL
May 202687.36 USD/BLL
April 2026105.07 USD/BLL
March 2026101.38 USD/BLL
February 202667.02 USD/BLL
January 202665.21 USD/BLL
December 202557.42 USD/BLL
November 202558.55 USD/BLL
October 202560.98 USD/BLL
September 202562.37 USD/BLL
August 202564.01 USD/BLL
July 202569.26 USD/BLL
June 202565.11 USD/BLL
May 202560.79 USD/BLL
April 202558.21 USD/BLL
March 202571.48 USD/BLL
February 202569.76 USD/BLL
January 202572.53 USD/BLL
December 202471.72 USD/BLL
November 202468.00 USD/BLL

Forecast

Forecast for October 2027: 93.26 USD/BLL, with an 80% interval of 46.44 USD/BLL to 153.83 USD/BLL.

Forecast path with the 80% interval.
PeriodForecast80% low80% high
November 202699.62 USD/BLL84.51 USD/BLL117.57 USD/BLL
December 202698.22 USD/BLL75.81 USD/BLL123.33 USD/BLL
January 202798.25 USD/BLL69.49 USD/BLL129.36 USD/BLL
February 202797.85 USD/BLL65.60 USD/BLL135.42 USD/BLL
March 202796.85 USD/BLL61.74 USD/BLL137.24 USD/BLL
April 202796.81 USD/BLL59.96 USD/BLL141.69 USD/BLL
May 202796.17 USD/BLL56.65 USD/BLL145.00 USD/BLL
June 202796.42 USD/BLL54.80 USD/BLL148.30 USD/BLL
July 202796.24 USD/BLL53.25 USD/BLL150.38 USD/BLL
August 202795.65 USD/BLL51.00 USD/BLL152.71 USD/BLL
September 202794.37 USD/BLL49.46 USD/BLL154.05 USD/BLL
October 202793.26 USD/BLL46.44 USD/BLL153.83 USD/BLL

Model: Chronos-2 (foundation model). Forecast generated 2026-11-02.

Accuracy: Ties no-change, won 4 of 12 test years. Its errors were 1.00 times those of a no-change forecast (MASE). The 80% band held 78% of outcomes. No-change is a forecast that keeps the latest value.

Reading

Crude Oil Futures was 104.12 USD/BLL in October 2026: +15.2% from September 2026 and +70.7% from October 2025. It is above 97% of the 119 earlier readings since November 2016.

The Chronos-2 forecast puts it at 93.26 USD/BLL in October 2027, -10.4% from the latest, with an 80% band from 46.44 USD/BLL to 153.83 USD/BLL. It ties a no-change forecast: its past errors were 1.00 times as large, and it won 4 of 12 test years. The 80% band held 78% of outcomes. No-change is a forecast that keeps the latest value.

Written from the figures by a fixed template; no AI model is involved.

Source

Data: NYMEX feed via TradingView.

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