AgenticInvestor

Crude Oil Futures

Energy · Monthly series · NYMEX:CL1!

Latest, October 2026

104.12 USD/BLL

+15.2% from September 2026

Open interactive chartCrude Oil Futures in the terminal

Forecast

No forecast is cached this cycle.

AI confidence

No forecast yet

Evidence will appear when a forecast and its backtests are available.

How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Model comparison

Previous comparisonThe stored comparison uses earlier data or a previous model roster. A new four-model comparison is not scheduled.

Models tested

Timestral scored lowest on the 6 older tests (1.00) and was chosen. The 6 recent tests played no part in the choice and give its grade (0.99). The search for a model that beats the naive forecast on both sets of tests goes on. These tests predate the latest data. An eligible nightly batch can repeat them. Scores are MASE: a model's errors divided by the naive forecast's, so 1 is a tie.

4 model classes completed the tests: Foundation model, Statistical, Machine learning, Neural network.

Every model tested on this series.
ModelClass / libraryOlder testsRecent testsRole
Timestral (foundation model)Foundation model · Timestral · GPU1.000.99Serving
Naive forecast (last value held)Benchmark · CPU1.001.00Benchmark
AutoETS (statistical)Statistical · StatsForecast · CPU1.040.99Tested
CatBoost (machine learning)Machine learning · MLForecast · CPU1.141.29Tested
N-HiTS (neural network)Neural network · NeuralForecast · CPU1.230.85Tested

Reading

It is above 97% of the 119 earlier readings since November 2016.

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

Recent history (24 observations)
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

Source

Data: NYMEX feed via TradingView.

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