Oil Price Prediction 2022 - 2025 - 2030


Oil price stood at $108.46 per one barrel (WTI)

According to the latest long-term forecast, Oil price will hit $125 by the end of 2022 and then $150 by the middle of 2023. Oil will rise to $200 within the year of 2025, $250 in 2026, $300 in 2027 and $500 in 2033.

Year Mid-Year Year-End Tod/End,%
2022 $106 $133 +23%
2023 $151 $173 +60%
2024 $212 $189 +74%
2025 $192 $212 +95%
2026 $236 $260 +140%
2027 $283 $306 +182%
2028 $306 $327 +201%
2029 $348 $369 +240%
2030 $390 $397 +266%
2031 $417 $437 +303%
2032 $457 $477 +340%
2033 $497 $516 +376%
2034 $529 $548 +405%

Oil Price Prediction 2022-2023

Oil price started in 2022 at $73.67. Today, Oil traded at $108.46, so the price increased by 47% from the beginning of the year. The forecasted Oil price at the end of 2022 is $133 - and the year to year change +81%. The rise from today to year-end: +23%. In the first half of 2023, the Oil price will climb to $151; in the second half, the price would add $22 and close the year at $173, which is +60% to the current price.

The short-term forecast:

  • Sunday, Jul 3 - $109
  • Monday, Jul 4 - $109
  • Tuesday, Jul 5 - $109
  • Wednesday, Jul 6 - $109
  • Thursday, Jul 7 - $109
  • Friday, Jul 8 - $109
  • Saturday, Jul 9 - $109
  • Sunday, Jul 10 - $110
  • July 15 - $110
  • August 15 - $114
  • September 15 - $119
  • October 15 - $123
  • November 15 - $127
  • December 15 - $131

Oil Prediction 2024-2028

These five years would bring an increase: Oil price would move from $173 to $327, which is up 89%. Oil will start 2024 at $173, then soar to $212 within the first six months of the year and finish 2024 at $189. That means +74% from today.

Oil Prediction 2029-2033

In this period, the Oil price would rise from $327 to $516, which is +58%. Oil will start 2029 at $327, then soar to $348 within the first half of the year, and finish 2029 at $369. It is about +240% from today.

The forecast is updated on daily basis. The current price is updated every 15 minutes.

Historical Forecasts

06/15/2022

Oil Price Prediction 2022-2023

Oil price started in 2022 at $73.67. Today, Oil traded at $119.08, so the price increased by 62% from the beginning of the year. The forecasted Oil price at the end of 2022 is $139 - and the year to year change +89%. The rise from today to year-end: +17%. In the middle of 2022, we expect to see $128 per 1 Oil. In the first half of 2023, the Oil price will climb to $181; in the second half, the price would lose $21 and close the year at $160, which is +34% to the current price.

Oil Prediction 2024-2028

These five years would bring a significant increase: Oil price would move from $160 to $326, which is up 104%. Oil will start 2024 at $160, then soar to $189 within the first six months of the year and finish 2024 at $176. That means +48% from today.

Oil Prediction 2029-2033

In this period, the Oil price would rise from $326 to $500, which is +53%. Oil will start 2029 at $326, then soar to $346 within the first half of the year, and finish 2029 at $365. It is about +207% from today.

06/01/2022

Oil Price Prediction 2022-2023

Oil price started in 2022 at $73.67. Today, Oil traded at $115.04, so the price increased by 56% from the beginning of the year. The forecasted Oil price at the end of 2022 is $141 - and the year to year change +91%. The rise from today to year-end: +23%. In the middle of 2022, we expect to see $130 per 1 Oil. In the first half of 2023, the Oil price will climb to $183; in the second half, the price would lose $21 and close the year at $162, which is +41% to the current price.

Oil Prediction 2024-2028

These five years would bring a significant increase: Oil price would move from $162 to $329, which is up 103%. Oil will start 2024 at $162, then soar to $191 within the first six months of the year and finish 2024 at $178. That means +55% from today.

Oil Prediction 2029-2033

In this period, the Oil price would rise from $329 to $506, which is +54%. Oil will start 2029 at $329, then soar to $349 within the first half of the year, and finish 2029 at $369. It is about +221% from today.

05/15/2022

Oil Price Prediction 2022-2023

Oil price started in 2022 at $73.67. Today, Oil traded at $110.16, so the price increased by 50% from the beginning of the year. The forecasted Oil price at the end of 2022 is $138 - and the year to year change +87%. The rise from today to year-end: +25%. In the middle of 2022, we expect to see $120 per 1 Oil. In the first half of 2023, the Oil price will climb to $179; in the second half, the price would lose $19 and close the year at $160, which is +45% to the current price.

Oil Prediction 2024-2028

These five years would bring a significant increase: Oil price would move from $160 to $331, which is up 107%. Oil will start 2024 at $160, then soar to $163 within the first six months of the year and finish 2024 at $180. That means +63% from today.

Oil Prediction 2029-2033

In this period, the Oil price would rise from $331 to $500, which is +51%. Oil will start 2029 at $331, then soar to $351 within the first half of the year, and finish 2029 at $357. It is about +224% from today.

05/01/2022

Oil Price Prediction 2022-2023

Oil price started in 2022 at $73.67. Today, Oil traded at $104.11, so the price increased by 41% from the beginning of the year. The forecasted Oil price at the end of 2022 is $124 - and the year to year change +68%. The rise from today to year-end: +19%. In the middle of 2022, we expect to see $108 per 1 Oil. In the first half of 2023, the Oil price will climb to $161; in the second half, the price would lose $17 and close the year at $144, which is +38% to the current price.

Oil Prediction 2024-2028

These five years would bring a significant increase: Oil price would move from $144 to $296, which is up 106%. Oil will start 2024 at $144, then soar to $147 within the first six months of the year and finish 2024 at $162. That means +56% from today.

Oil Prediction 2029-2033

In this period, the Oil price would rise from $296 to $449, which is +52%. Oil will start 2029 at $296, then soar to $314 within the first half of the year, and finish 2029 at $320. It is about +207% from today.

04/15/2022

Oil Price Prediction 2022-2023

Oil price started in 2022 at $73.67. Today, Oil traded at $106.54, so the price increased by 45% from the beginning of the year. The forecasted Oil price at the end of 2022 is $168 - and the year to year change +128%. The rise from today to year-end: +58%. In the middle of 2022, we expect to see $129 per 1 Oil. In the first half of 2023, the Oil price will drop to $149; in the second half, the price would add $32 and close the year at $181, which is +70% to the current price.

Oil Prediction 2024-2028

These five years would bring an increase: Oil price would move from $181 to $352, which is up 94%. Oil will start 2024 at $181, then dipp to $169 within the first six months of the year and finish 2024 at $194. That means +82% from today.

Oil Prediction 2029-2033

In this period, the Oil price would rise from $352 to $537, which is +53%. Oil will start 2029 at $352, then soar to $373 within the first half of the year, and finish 2029 at $380. It is about +257% from today.

04/01/2022

Oil Price Prediction 2022-2023

Oil price started in 2022 at $73.67. Today, Oil traded at $99.87, so the price increased by 36% from the beginning of the year. The forecasted Oil price at the end of 2022 is $149.13 - and the year to year change +102%. The rise from today to year-end: +49%. In the middle of 2022, we expect to see $114.66 per 1 Oil. In the first half of 2023, the Oil price will drop to $132.02; in the second half, the price would add $28.35 and close the year at $160.37, which is +61% to the current price.

Oil Prediction 2024-2028

These five years would bring an increase: Oil price would move from $160.37 to $311.96, which is up 95%. Oil will start 2024 at $160.37, then dipp to $149.56 within the first six months of the year and finish 2024 at $171.99. That means +72% from today.

Oil Prediction 2029-2033

In this period, the Oil price would rise from $311.96 to $475.55, which is +52%. Oil will start 2029 at $311.96, then soar to $330.68 within the first half of the year, and finish 2029 at $336.79. It is about +237% from today.

03/15/2022

Oil Price Prediction 2022-2023

Oil price started in 2022 at $73.67. Today, Oil traded at $98.72, so the price increased by 34% from the beginning of the year. The forecasted Oil price at the end of 2022 is $197.81 - and the year to year change +169%. The rise from today to year-end: +100%. In the middle of 2022, we expect to see $150.35 per 1 Oil. In the first half of 2023, the Oil price will drop to $176.43; in the second half, the price would add $3.13 and close the year at $179.56, which is +82% to the current price.

Oil Prediction 2024-2028

These five years would bring a significant increase: Oil price would move from $179.56 to $408.06, which is up 127%. Oil will start 2024 at $179.56, then soar to $198.08 within the first six months of the year and finish 2024 at $223.01. That means +126% from today.

Oil Prediction 2029-2033

In this period, the Oil price would rise from $408.06 to $597.90, which is +47%. Oil will start 2029 at $408.06, then soar to $415.52 within the first half of the year, and finish 2029 at $438.89. It is about +345% from today.

03/01/2022

Oil Price Prediction 2022-2023

Oil price started in 2022 at $73.67. Today, Oil traded at $97.15, so the price increased by 32% from the beginning of the year. The forecasted Oil price at the end of 2022 is $182.80 - and the year to year change +148%. The rise from today to year-end: +88%. In the middle of 2022, we expect to see $138.94 per 1 Oil. In the first half of 2023, the Oil price will drop to $163.04; in the second half, the price would add $2.89 and close the year at $165.93, which is +71% to the current price.

Oil Prediction 2024-2028

These five years would bring a significant increase: Oil price would move from $165.93 to $377.12, which is up 127%. Oil will start 2024 at $165.93, then soar to $183.04 within the first six months of the year and finish 2024 at $206.08. That means +112% from today.

Oil Prediction 2029-2033

In this period, the Oil price would rise from $377.12 to $552.55, which is +47%. Oil will start 2029 at $377.12, then soar to $384.01 within the first half of the year, and finish 2029 at $405.61. It is about +318% from today.

02/15/2022

Oil Price Prediction 2022-2023

Oil price started in 2022 at $73.67. Today, Oil traded at $94.96, so the price increased by 29% from the beginning of the year. The forecasted Oil price at the end of 2022 is $106.06 - and the year to year change +44%. The rise from today to year-end: +12%. In the middle of 2022, we expect to see $119.81 per 1 Oil. In the first half of 2023, the Oil price will climb to $128.83; in the second half, the price would lose $8.68 and close the year at $120.15, which is +27% to the current price.

Oil Prediction 2024-2028

These five years would bring an increase: Oil price would move from $120.15 to $213.37, which is up 78%. Oil will start 2024 at $120.15, then soar to $139.02 within the first six months of the year and finish 2024 at $143.15. That means +51% from today.

Oil Prediction 2029-2033

In this period, the Oil price would rise from $213.37 to $313.58, which is +47%. Oil will start 2029 at $213.37, then soar to $217.32 within the first half of the year, and finish 2029 at $228.67. It is about +141% from today.

02/01/2022

Oil Price Prediction 2022-2023

Oil price started in 2022 at $73.67. Today, Oil traded at $88.48, so the price increased by 20% from the beginning of the year. The forecasted Oil price at the end of 2022 is $91.91 - and the year to year change +25%. The rise from today to year-end: +4%. In the middle of 2022, we expect to see $103.83 per 1 Oil. In the first half of 2023, the Oil price will climb to $111.64; in the second half, the price would lose $7.52 and close the year at $104.12, which is +18% to the current price.

Oil Prediction 2024-2028

These five years would bring an increase: Oil price would move from $104.12 to $184.90, which is up 78%. Oil will start 2024 at $104.12, then soar to $120.47 within the first six months of the year and finish 2024 at $124.05. That means +40% from today.

Oil Prediction 2029-2033

In this period, the Oil price would rise from $184.90 to $271.73, which is +47%. Oil will start 2029 at $184.90, then soar to $188.32 within the first half of the year, and finish 2029 at $198.16. It is about +124% from today.

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