Oil Price Prediction 2021 - 2025 - 2030

Oil price stood at $70.38 per one barrel (WTI)

08/03/2021, Tuesday, 11:15 pm CT.

According to the latest long-term forecast, Oil price will hit $80 by the end of 2021 and then $90 by the middle of 2022. Oil will rise to $125 within the year of 2023.

Oil Price Prediction 2021-2022

Oil price started in 2021 at $48.42. Today, Oil traded at $70.38, so the price increased by 45% from the beginning of the year. The forecasted Oil price at the end of 2021 is $83.17 - and the year to year change +72%. The rise from today to year-end: +18%. In the first half of 2022, the Oil price will climb to $96.23; in the second half, the price would add $2.86 and close the year at $99.09, which is +41% to the current price.

Oil Prediction 2023-2027

These five years would bring a decrease: Oil price would move from $99.09 to $76.19, which is -23%. Oil will start 2023 at $99.09, then soar to $121.39 within the first six months of the year and finish 2023 at $143.24. That means +104% from today.

Oil Prediction 2028-2032

In this period, the Oil price would rise from $76.19 to $118.65, which is +56%. Oil will start 2028 at $76.19, then soar to $81.09 within the first half of the year, and finish 2028 at $85.96. It is about +22% from today.

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

Historical Forecasts

07/15/2021

Oil price started in 2021 at $48.42. Today, Oil traded at $72.55, so the price increased by 50% from the beginning of the year. The forecasted Oil price at the end of 2021 is $101.42 - and the year to year change +109%. The rise from today to year-end: +40%. In the first half of 2022, the Oil price will climb to $114.18; in the second half, the price would add $15.96 and close the year at $130.14, which is +79% to the current price.

These five years would bring a decrease: Oil price would move from $130.14 to $102.09, which is -22%. Oil will start 2023 at $130.14, then soar to $150.59 within the first six months of the year and finish 2023 at $170.02. That means +134% from today.

In this period, the Oil price would rise from $102.09 to $157.21, which is +54%. Oil will start 2028 at $102.09, then soar to $108.65 within the first half of the year, and finish 2028 at $115.17. It is about +59% from today.

07/01/2021

Oil price started in 2021 at $48.42. Today, Oil traded at $73.57, so the price increased by 52% from the beginning of the year. The forecasted Oil price at the end of 2021 is $103.65 - and the year to year change +114%. The rise from today to year-end: +41%. In the first half of 2022, the Oil price will climb to $116.70; in the second half, the price would add $16.32 and close the year at $133.02, which is +81% to the current price.

These five years would bring a decrease: Oil price would move from $133.02 to $104.36, which is -22%. Oil will start 2023 at $133.02, then soar to $153.92 within the first six months of the year and finish 2023 at $173.78. That means +136% from today.

In this period, the Oil price would rise from $104.36 to $160.70, which is +54%. Oil will start 2028 at $104.36, then soar to $111.07 within the first half of the year, and finish 2028 at $117.73. It is about +60% from today.

06/15/2021

Oil price started in 2021 at $48.42. Today, Oil traded at $71.15, so the price increased by 47% from the beginning of the year. The forecasted Oil price at the end of 2021 is $78.99 - and the year to year change +63%. The rise from today to year-end: +11%. In the middle of 2021, we expect to see $76.71 per 1 Oil. In the first half of 2022, the Oil price will climb to $100.59; in the second half, the price would add $22.63 and close the year at $123.22, which is +73% to the current price.

These five years would bring a decrease: Oil price would move from $123.22 to $51.71, which is -58%. Oil will start 2023 at $123.22, then dipp to $102.38 within the first six months of the year and finish 2023 at $110.53. That means +55% from today.

In this period, the Oil price would rise from $51.71 to $76.83, which is +49%. Oil will start 2028 at $51.71, then soar to $54.81 within the first half of the year, and finish 2028 at $57.89. It is about -19% from today.

06/01/2021

Oil price started in 2021 at $48.42. Today, Oil traded at $67.62, so the price increased by 40% from the beginning of the year. The forecasted Oil price at the end of 2021 is $73.19 - and the year to year change +51%. The rise from today to year-end: +8%. In the middle of 2021, we expect to see $71.08 per 1 Oil. In the first half of 2022, the Oil price will climb to $93.20; in the second half, the price would add $20.97 and close the year at $114.17, which is +69% to the current price.

These five years would bring a decrease: Oil price would move from $114.17 to $47.92, which is -58%. Oil will start 2023 at $114.17, then dipp to $94.86 within the first six months of the year and finish 2023 at $102.41. That means +51% from today.

In this period, the Oil price would rise from $47.92 to $71.21, which is +49%. Oil will start 2028 at $47.92, then soar to $50.80 within the first half of the year, and finish 2028 at $53.66. It is about -21% from today.

05/15/2021

Oil price started in 2021 at $48.42. Today, Oil traded at $65.51, so the price increased by 35% from the beginning of the year. The forecasted Oil price at the end of 2021 is $82.31 - and the year to year change +70%. The rise from today to year-end: +26%. In the middle of 2021, we expect to see $72.21 per 1 Oil. In the first half of 2022, the Oil price will climb to $95.24; in the second half, the price would add $12.29 and close the year at $107.53, which is +64% to the current price.

These five years would bring a decrease: Oil price would move from $107.53 to $65.90, which is -39%. Oil will start 2023 at $107.53, then soar to $107.66 within the first six months of the year and finish 2023 at $120.92. That means +85% from today.

In this period, the Oil price would rise from $65.90 to $96.53, which is +46%. Oil will start 2028 at $65.90, then soar to $69.85 within the first half of the year, and finish 2028 at $73.78. It is about +13% from today.

05/03/2021

Oil price started in 2021 at $48.42. Today, Oil traded at $63.49, so the price increased by 31% from the beginning of the year. The forecasted Oil price at the end of 2021 is $77.31 - and the year to year change +60%. The rise from today to year-end: +22%. In the middle of 2021, we expect to see $67.83 per 1 Oil. In the first half of 2022, the Oil price will climb to $89.46; in the second half, the price would add $11.54 and close the year at $101.00, which is +59% to the current price.

These five years would bring a decrease: Oil price would move from $101.00 to $61.91, which is -39%. Oil will start 2023 at $101.00, then soar to $101.13 within the first six months of the year and finish 2023 at $113.58. That means +79% from today.

In this period, the Oil price would rise from $61.91 to $90.70, which is +47%. Oil will start 2028 at $61.91, then soar to $65.62 within the first half of the year, and finish 2028 at $69.31. It is about +9% from today.

04/26/2021

Oil price started in 2021 at $48.42. Today, Oil traded at $62.04, so the price increased by 28% from the beginning of the year. The forecasted Oil price at the end of 2021 is $94.01 - and the year to year change +94%. The rise from today to year-end: +52%. In the middle of 2021, we expect to see $73.82 per 1 Oil. In the first half of 2022, the Oil price will climb to $122.21; in the second half, the price would lose $20.67 and close the year at $101.54, which is +64% to the current price.

These five years would bring a decrease: Oil price would move from $101.54 to $56.71, which is -44%. Oil will start 2023 at $101.54, then soar to $109.62 within the first six months of the year and finish 2023 at $126.06. That means +103% from today.

In this period, the Oil price would rise from $56.71 to $83.44, which is +47%. Oil will start 2028 at $56.71, then soar to $60.11 within the first half of the year, and finish 2028 at $63.28. It is about +2% from today.

04/19/2021

Oil price started in 2021 at $48.42. Today, Oil traded at $63.07, so the price increased by 30% from the beginning of the year. The forecasted Oil price at the end of 2021 is $97.61 - and the year to year change +102%. The rise from today to year-end: +55%. In the middle of 2021, we expect to see $76.65 per 1 Oil. In the first half of 2022, the Oil price will climb to $126.89; in the second half, the price would lose $21.46 and close the year at $105.43, which is +67% to the current price.

These five years would bring a decrease: Oil price would move from $105.43 to $58.87, which is -44%. Oil will start 2023 at $105.43, then soar to $113.82 within the first six months of the year and finish 2023 at $130.89. That means +108% from today.

In this period, the Oil price would rise from $58.87 to $86.61, which is +47%. Oil will start 2028 at $58.87, then soar to $62.40 within the first half of the year, and finish 2028 at $65.69. It is about +4% from today.

04/12/2021

Oil price started in 2021 at $48.42. Today, Oil traded at $59.34, so the price increased by 23% from the beginning of the year. The forecasted Oil price at the end of 2021 is $86.00 - and the year to year change +78%. The rise from today to year-end: +45%. In the middle of 2021, we expect to see $67.53 per 1 Oil. In the first half of 2022, the Oil price will climb to $111.80; in the second half, the price would lose $18.91 and close the year at $92.89, which is +57% to the current price.

These five years would bring a decrease: Oil price would move from $92.89 to $51.88, which is -44%. Oil will start 2023 at $92.89, then soar to $100.28 within the first six months of the year and finish 2023 at $115.32. That means +94% from today.

In this period, the Oil price would rise from $51.88 to $76.33, which is +47%. Oil will start 2028 at $51.88, then soar to $54.99 within the first half of the year, and finish 2028 at $57.89. It is about -2% from today.

04/05/2021

Oil price started in 2021 at $48.42. Today, Oil traded at $60.94, so the price increased by 26% from the beginning of the year. The forecasted Oil price at the end of 2021 is $91.15 - and the year to year change +88%. The rise from today to year-end: +50%. In the middle of 2021, we expect to see $71.58 per 1 Oil. In the first half of 2022, the Oil price will climb to $118.50; in the second half, the price would lose $20.04 and close the year at $98.46, which is +62% to the current price.

These five years would bring a decrease: Oil price would move from $98.46 to $54.97, which is -44%. Oil will start 2023 at $98.46, then soar to $106.30 within the first six months of the year and finish 2023 at $122.25. That means +101% from today.

In this period, the Oil price would rise from $54.97 to $80.88, which is +47%. Oil will start 2028 at $54.97, then soar to $58.27 within the first half of the year, and finish 2028 at $61.34. It is about +1% from today.