Systematic bias in EIA oil price forecasts: Concerns and consequences

Is the forecasting model wrong? Outdated? Is the last decade an anomaly? And can price forecasting be improved?

This is a preview of our premium content. Thank you for your interest—please log in or subscribe to read the full article.

©2025 World Oil, © 2025 Gulf Publishing Company LLC.
Copyright © 2022. All market data is provided by Barchart Solutions.
Futures: at least 10 minute delayed. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

All material subject to strictly enforced copyright laws
Please read our Terms & Conditions, Cookies Policy and Privacy Policy before using the site.
Do Not Sell or Share My Personal Information.

Connect with World Oil

Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.

Subscribe Newsletter Sign Up