Oil Price Prediction 2024 - 2025 - 2030


Oil price stood at $82.34 per one barrel (WTI)

According to the latest long-term forecast, Oil price will hit $90 by the middle of 2025 and then $100 by the middle of 2030. Oil will rise to $110 within the year of 2031, $125 in 2032, $140 in 2033, $150 in 2034 and $160 in 2035.

Year Mid-Year Year-End Tod/End,%
2024 $84.90 $88.42 +7%
2025 $97.06 $85.10 +3%
2026 $82.83 $95.25 +16%
2027 $87.57 $87.33 +6%
2028 $83.35 $88.86 +8%
2029 $91.50 $98.36 +19%
2030 $100.16 $106.60 +29%
2031 $113.00 $119.36 +45%
2032 $125.68 $131.96 +60%
2033 $138.21 $142.31 +73%
2034 $148.41 $154.48 +88%
2035 $160.52 $166.54 +102%

Oil Price Prediction 2024-2025

Oil price started in 2024 at $71.33. Today, Oil traded at $82.34, so the price increased by 15% from the beginning of the year. The forecasted Oil price at the end of 2024 is $88.42 - and the year to year change +24%. The rise from today to year-end: +7%. In the middle of 2024, we expect to see $84.90. In the first half of 2025, the Oil price will climb to $97.06; in the second half, the price would lose $11.96 and close the year at $85.10, which is +3% to the current price.

The short-term forecast:

  • Sunday, Jun 23 - $82.66
  • Monday, Jun 24 - $82.98
  • Tuesday, Jun 25 - $83.30
  • Wednesday, Jun 26 - $83.62
  • Thursday, Jun 27 - $83.94
  • Friday, Jun 28 - $84.26
  • Saturday, Jun 29 - $84.58
  • Sunday, Jun 30 - $84.90
  • July 15 - $85.19
  • August 15 - $85.78
  • September 15 - $86.37
  • October 15 - $86.95
  • November 15 - $87.54
  • December 15 - $88.11

Oil Prediction 2026-2030

These five years would bring an increase: Oil price would move from $85.10 to $106.60, which is up 25%. Oil will start 2026 at $85.10, then dipp to $82.83 within the first six months of the year and finish 2026 at $95.25. That means +16% from today.

Oil Prediction 2031-2035

In this period, the Oil price would rise from $106.60 to $166.54, which is +56%. Oil will start 2031 at $106.60, then soar to $113.00 within the first half of the year, and finish 2031 at $119.36. It is about +45% from today.

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

Historical Forecasts

06/01/2024

Oil Price Prediction 2024-2025

Oil price started in 2024 at $71.33. Today, Oil traded at $77.18, so the price increased by 8% from the beginning of the year. The forecasted Oil price at the end of 2024 is $76.17 - and the year to year change +7%. The fall from today to year-end: -1%. In the middle of 2024, we expect to see $73.13. In the first half of 2025, the Oil price will climb to $83.61; in the second half, the price would lose $10.30 and close the year at $73.31, which is -5% to the current price.

Oil Prediction 2026-2030

These five years would bring an increase: Oil price would move from $73.31 to $91.82, which is up 25%. Oil will start 2026 at $73.31, then dipp to $71.35 within the first six months of the year and finish 2026 at $82.05. That means +6% from today.

Oil Prediction 2031-2035

In this period, the Oil price would rise from $91.82 to $143.43, which is +56%. Oil will start 2031 at $91.82, then soar to $97.33 within the first half of the year, and finish 2031 at $102.80. It is about +33% from today.

05/15/2024

Oil Price Prediction 2024-2025

Oil price started in 2024 at $71.33. Today, Oil traded at $78.54, so the price increased by 10% from the beginning of the year. The forecasted Oil price at the end of 2024 is $81.24 - and the year to year change +14%. The rise from today to year-end: +3%. In the middle of 2024, we expect to see $74.14. In the first half of 2025, the Oil price will climb to $81.50; in the second half, the price would lose $13.61 and close the year at $67.89, which is -14% to the current price.

Oil Prediction 2026-2030

These five years would bring an increase: Oil price would move from $67.89 to $97.20, which is up 43%. Oil will start 2026 at $67.89, then soar to $75.37 within the first six months of the year and finish 2026 at $86.68. That means +10% from today.

Oil Prediction 2031-2035

In this period, the Oil price would rise from $97.20 to $143.54, which is +48%. Oil will start 2031 at $97.20, then soar to $103.03 within the first half of the year, and finish 2031 at $108.83. It is about +39% from today.

05/01/2024

Oil Price Prediction 2024-2025

Oil price started in 2024 at $71.33. Today, Oil traded at $81.13, so the price increased by 14% from the beginning of the year. The forecasted Oil price at the end of 2024 is $87.23 - and the year to year change +22%. The rise from today to year-end: +8%. In the middle of 2024, we expect to see $79.61. In the first half of 2025, the Oil price will climb to $87.51; in the second half, the price would lose $14.62 and close the year at $72.89, which is -10% to the current price.

Oil Prediction 2026-2030

These five years would bring an increase: Oil price would move from $72.89 to $104.36, which is up 43%. Oil will start 2026 at $72.89, then soar to $80.92 within the first six months of the year and finish 2026 at $93.06. That means +15% from today.

Oil Prediction 2031-2035

In this period, the Oil price would rise from $104.36 to $154.10, which is +48%. Oil will start 2031 at $104.36, then soar to $110.62 within the first half of the year, and finish 2031 at $116.84. It is about +44% from today.

04/15/2024

Oil Price Prediction 2024-2025

Oil price started in 2024 at $71.33. Today, Oil traded at $85.45, so the price increased by 20% from the beginning of the year. The forecasted Oil price at the end of 2024 is $105.68 - and the year to year change +48%. The rise from today to year-end: +24%. In the middle of 2024, we expect to see $96.27. In the first half of 2025, the Oil price will drop to $92.66; in the second half, the price would lose $2.47 and close the year at $90.19, which is +6% to the current price.

Oil Prediction 2026-2030

These five years would bring an increase: Oil price would move from $90.19 to $112.25, which is up 24%. Oil will start 2026 at $90.19, then soar to $106.42 within the first six months of the year and finish 2026 at $97.84. That means +14% from today.

Oil Prediction 2031-2035

In this period, the Oil price would rise from $112.25 to $174.97, which is +56%. Oil will start 2031 at $112.25, then soar to $118.99 within the first half of the year, and finish 2031 at $125.68. It is about +47% from today.

04/01/2024

Oil Price Prediction 2024-2025

Oil price started in 2024 at $71.33. Today, Oil traded at $83.46, so the price increased by 17% from the beginning of the year. The forecasted Oil price at the end of 2024 is $100.39 - and the year to year change +41%. The rise from today to year-end: +20%. In the middle of 2024, we expect to see $91.45. In the first half of 2025, the Oil price will drop to $88.02; in the second half, the price would lose $2.35 and close the year at $85.67, which is +3% to the current price.

Oil Prediction 2026-2030

These five years would bring an increase: Oil price would move from $85.67 to $106.63, which is up 24%. Oil will start 2026 at $85.67, then soar to $101.09 within the first six months of the year and finish 2026 at $92.94. That means +11% from today.

Oil Prediction 2031-2035

In this period, the Oil price would rise from $106.63 to $166.23, which is +56%. Oil will start 2031 at $106.63, then soar to $113.03 within the first half of the year, and finish 2031 at $119.39. It is about +43% from today.

03/15/2024

Oil Price Prediction 2024-2025

Oil price started in 2024 at $71.33. Today, Oil traded at $81.12, so the price increased by 14% from the beginning of the year. The forecasted Oil price at the end of 2024 is $87.27 - and the year to year change +22%. The rise from today to year-end: +8%. In the middle of 2024, we expect to see $86.99. In the first half of 2025, the Oil price will drop to $72.69; in the second half, the price would add $8.01 and close the year at $80.70, which is -1% to the current price.

Oil Prediction 2026-2030

These five years would bring an increase: Oil price would move from $80.70 to $116.40, which is up 44%. Oil will start 2026 at $80.70, then soar to $95.23 within the first six months of the year and finish 2026 at $85.00. That means +5% from today.

Oil Prediction 2031-2035

In this period, the Oil price would rise from $116.40 to $171.05, which is +47%. Oil will start 2031 at $116.40, then soar to $123.38 within the first half of the year, and finish 2031 at $125.57. It is about +55% from today.

03/01/2024

Oil Price Prediction 2024-2025

Oil price started in 2024 at $71.33. Today, Oil traded at $78.48, so the price increased by 10% from the beginning of the year. The forecasted Oil price at the end of 2024 is $81.53 - and the year to year change +14%. The rise from today to year-end: +4%. In the middle of 2024, we expect to see $81.27. In the first half of 2025, the Oil price will drop to $67.91; in the second half, the price would add $7.48 and close the year at $75.39, which is -4% to the current price.

Oil Prediction 2026-2030

These five years would bring an increase: Oil price would move from $75.39 to $108.74, which is up 44%. Oil will start 2026 at $75.39, then soar to $88.96 within the first six months of the year and finish 2026 at $79.41. That means +1% from today.

Oil Prediction 2031-2035

In this period, the Oil price would rise from $108.74 to $159.80, which is +47%. Oil will start 2031 at $108.74, then soar to $115.26 within the first half of the year, and finish 2031 at $117.31. It is about +49% from today.

02/15/2024

Oil Price Prediction 2024-2025

Oil price started in 2024 at $71.33. Today, Oil traded at $76.26, so the price increased by 7% from the beginning of the year. The forecasted Oil price at the end of 2024 is $56.40 - and the year to year change -21%. The fall from today to year-end: -26%. In the middle of 2024, we expect to see $64.32 per 1 Oil. In the first half of 2025, the Oil price will drop to $54.90; in the second half, the price would add $10.23 and close the year at $65.13, which is -15% to the current price.

Oil Prediction 2026-2030

These five years would bring an increase: Oil price would move from $65.13 to $70.14, which is up 8%. Oil will start 2026 at $65.13, then dipp to $59.88 within the first six months of the year and finish 2026 at $59.72. That means -22% from today.

Oil Prediction 2031-2035

In this period, the Oil price would rise from $70.14 to $109.05, which is +55%. Oil will start 2031 at $70.14, then soar to $74.35 within the first half of the year, and finish 2031 at $78.53. It is about +3% from today.

02/01/2024

Oil Price Prediction 2024-2025

Oil price started in 2024 at $71.33. Today, Oil traded at $76.16, so the price increased by 7% from the beginning of the year. The forecasted Oil price at the end of 2024 is $55.80 - and the year to year change -22%. The fall from today to year-end: -27%. In the middle of 2024, we expect to see $63.64 per 1 Oil. In the first half of 2025, the Oil price will drop to $54.31; in the second half, the price would add $10.12 and close the year at $64.43, which is -15% to the current price.

Oil Prediction 2026-2030

These five years would bring an increase: Oil price would move from $64.43 to $69.37, which is up 8%. Oil will start 2026 at $64.43, then dipp to $59.23 within the first six months of the year and finish 2026 at $59.07. That means -22% from today.

Oil Prediction 2031-2035

In this period, the Oil price would rise from $69.37 to $107.87, which is +55%. Oil will start 2031 at $69.37, then soar to $73.53 within the first half of the year, and finish 2031 at $77.67. It is about +2% from today.

01/15/2024

Oil Price Prediction 2024-2025

Oil price started in 2024 at $71.33. Today, Oil traded at $72.76, so the price increased by 2% from the beginning of the year. The forecasted Oil price at the end of 2024 is $53.94 - and the year to year change -24%. The fall from today to year-end: -26%. In the middle of 2024, we expect to see $64.75 per 1 Oil. In the first half of 2025, the Oil price will climb to $59.88; in the second half, the price would add $12.58 and close the year at $72.46, which is 0% to the current price.

Oil Prediction 2026-2030

These five years would bring an increase: Oil price would move from $72.46 to $79.72, which is up 10%. Oil will start 2026 at $72.46, then dipp to $64.68 within the first six months of the year and finish 2026 at $61.95. That means -15% from today.

Oil Prediction 2031-2035

In this period, the Oil price would rise from $79.72 to $116.52, which is +46%. Oil will start 2031 at $79.72, then soar to $81.13 within the first half of the year, and finish 2031 at $85.69. It is about +18% from today.