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Q: Oil Price Forecast ( Answered 4 out of 5 stars,   1 Comment )
Subject: Oil Price Forecast
Category: Business and Money > Consulting
Asked by: davidjhons-ga
List Price: $200.00
Posted: 19 Dec 2005 07:25 PST
Expires: 18 Jan 2006 07:25 PST
Question ID: 607411
Could you give me oil price forecast (with reference to predictor),
for example, before 2010 or 2025 year. Maybe there is a diagram...

Thank you.
Subject: Re: Oil Price Forecast
Answered By: webadept-ga on 19 Dec 2005 08:35 PST
Rated:4 out of 5 stars

The Annual Energy Outlook presents a midterm forecast and analysis of
US energy supply, demand, and prices through 2030. The projections are
based on results from the Energy Information Administration's National
Energy Modeling System. The AEO2006 Early Release includes the
reference case. The full publication, to be released in early 2006,
will include complete documentation and additional cases examining
energy markets.

Annual Energy Outlook 2006 (Early Release)

This document is in PDF format, which you can download from that page.
After going through the report it appears to be everything you are
looking for, and a bit more.

Other Reference Resources

IEA Energy Information Centre

Statistical Review from 1965 to Present (from BP Global Energy)
They also have a charting tool you can download

thanks, and Happy Holidays!


Clarification of Answer by webadept-ga on 19 Dec 2005 08:41 PST
On the same website is a very informative Short Term Forecast as well.

thanks again, 

davidjhons-ga rated this answer:4 out of 5 stars

Subject: Re: Oil Price Forecast
From: quokka-ga on 20 Jul 2006 15:53 PDT
Well, the same people are forecasting $52.30 per barrel for imported
low sulfur crude in 2008 (the long term forecast) and $59-$85 with 95%
confidence in 2008   (the short term forecast). And in 2004 the same
group forecast $16.36-$32.80 per barrel for 2010, compared with their
current forecast of $47.29 per barrel for the same year.

What does this tell you about the reliability of such forecasts?

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