Crude Oil Price Forecast

Oil Price Forecast For 2019, 2020, 2021, 2022 And 2023

Crude Oil Price Forecast

Source :

MonthOpenLow-HighCloseMo,%Total,%
2019
May72.0368.79-74.6273.522.1%2.1%
Jun73.5273.52-76.0574.931.9%4.0%
Jul74.9374.93-79.1477.974.1%8.2%
Aug77.9777.97-84.0482.806.2%15.0%
Sep82.8082.80-86.8685.583.4%18.8%
Oct85.5885.58-92.2590.896.2%26.2%
Nov90.8983.97-90.8985.25-6.2%18.4%
Dec85.2578.76-85.2579.96-6.2%11.0%
2020
Jan79.9673.88-79.9675.00-6.2%4.1%
Feb75.0075.00-80.8479.656.2%10.6%
Mar79.6577.39-79.7578.57-1.4%9.1%
Apr78.5778.57-84.6983.446.2%15.8%
May83.4483.44-89.0087.685.1%21.7%
Jun87.6887.68-91.8990.533.3%25.7%
Jul90.5386.79-90.5388.11-2.7%22.3%
Aug88.1188.11-93.0791.694.1%27.3%
Sep91.6991.69-96.7295.293.9%32.3%
Oct95.2995.29-102.42100.915.9%40.1%
Nov100.91100.91-108.78107.176.2%48.8%
Dec107.17107.17-115.52113.816.2%58.0%
2021
Jan113.81113.81-118.37116.622.5%61.9%
Feb116.62116.62-124.95123.105.6%70.9%
Mar123.10117.85-123.10119.64-2.8%66.1%
Apr119.64114.87-119.64116.62-2.5%61.9%
May116.62110.47-116.62112.15-3.8%55.7%
MonthOpenLow-HighCloseMo,%Total,%
2021 Continuation
Jun112.15104.94-112.15106.54-5.0%47.9%
Jul106.54104.52-107.70106.11-0.4%47.3%
Aug106.11104.20-107.38105.79-0.3%46.9%
Sep105.79105.79-114.04112.356.2%56.0%
Oct112.35112.35-119.06117.304.4%62.8%
Nov117.30113.82-117.30115.55-1.5%60.4%
Dec115.55115.55-122.30120.494.3%67.3%
2022
Jan120.49120.49-129.88127.966.2%77.6%
Feb127.96118.23-127.96120.03-6.2%66.6%
Mar120.03118.35-121.95120.150.1%66.8%
Apr120.15120.15-125.83123.973.2%72.1%
May123.97123.97-133.63131.666.2%82.8%
Jun131.66131.66-141.92139.826.2%94.1%
Jul139.82139.82-146.94144.773.5%101.0%
Aug144.77133.75-144.77135.79-6.2%88.5%
Sep135.79125.46-135.79127.37-6.2%76.8%
Oct127.37117.68-127.37119.47-6.2%65.9%
Nov119.47119.47-124.25122.412.5%69.9%
Dec122.41113.10-122.41114.82-6.2%59.4%
2023
Jan114.82114.82-120.88119.093.7%65.3%
Feb119.09110.03-119.09111.71-6.2%55.1%
Mar111.71106.72-111.71108.35-3.0%50.4%
Apr108.35104.77-108.35106.37-1.8%47.7%
May106.37106.37-114.65112.966.2%56.8%
Jun112.96104.37-112.96105.96-6.2%47.1%

 

Oil Price forecast for May 2019.
In the beginning price at 72.03 Dollars. High price 74.62, low 68.79. The average for the month 72.24. The Oil Price forecast at the end of the month 73.52, change for May 2.1%.

Brent oil price forecast for June 2019.
In the beginning price at 73.52 Dollars. High price 76.05, low 73.52. The average for the month 74.51. The Oil Price forecast at the end of the month 74.93, change for June 1.9%.

Oil Price forecast for July 2019.
In the beginning price at 74.93 Dollars. High price 79.14, low 74.93. The average for the month 76.74. The Oil Price forecast at the end of the month 77.97, change for July 4.1%.

Brent oil price forecast for August 2019.
In the beginning price at 77.97 Dollars. High price 84.04, low 77.97. The average for the month 80.70. The Oil Price forecast at the end of the month 82.80, change for August 6.2%.

Oil Price forecast for September 2019.
In the beginning price at 82.80 Dollars. High price 86.86, low 82.80. The average for the month 84.51. The Oil Price forecast at the end of the month 85.58, change for September 3.4%.

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