Oil Price Prediction 2021 - 2025 - 2030

Oil price stood at $66.28 per one barrel (WTI)

05/17/2021, Monday, 6:15 pm CT.

According to the latest long-term forecast, Oil price will hit $80 by the end of 2021 and then $100 by the end of 2022.

Oil Price Prediction 2021-2022

Oil price started in 2021 at $48.42. Today, Oil traded at $66.28, so the price increased by 37% from the beginning of the year. The forecasted Oil price at the end of 2021 is $84.38 - and the year to year change +74%. The rise from today to year-end: +27%. In the middle of 2021, we expect to see $74.03 per 1 Oil. In the first half of 2022, the Oil price will climb to $97.64; in the second half, the price would add $12.60 and close the year at $110.24, which is +66% to the current price.

Oil Prediction 2023-2027

These five years would bring a decrease: Oil price would move from $110.24 to $67.56, which is -39%. Oil will start 2023 at $110.24, then soar to $110.38 within the first six months of the year and finish 2023 at $123.97. That means +87% from today.

Oil Prediction 2028-2032

In this period, the Oil price would rise from $67.56 to $98.98, which is +47%. Oil will start 2028 at $67.56, then soar to $71.61 within the first half of the year, and finish 2028 at $75.64. It is about +14% from today.

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

Historical Forecasts

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.

03/29/2021

Oil price started in 2021 at $48.42. Today, Oil traded at $59.86, so the price increased by 24% from the beginning of the year. The forecasted Oil price at the end of 2021 is $93.33 - and the year to year change +93%. The rise from today to year-end: +56%. In the middle of 2021, we expect to see $80.66 per 1 Oil. In the first half of 2022, the Oil price will climb to $105.37; in the second half, the price would add $0.13 and close the year at $105.50, which is +76% to the current price.

These five years would bring a decrease: Oil price would move from $105.50 to $71.20, which is -33%. Oil will start 2023 at $105.50, then soar to $118.49 within the first six months of the year and finish 2023 at $136.26. That means +128% from today.

In this period, the Oil price would rise from $71.20 to $103.54, which is +45%. Oil will start 2028 at $71.20, then soar to $75.47 within the first half of the year, and finish 2028 at $77.42. It is about +29% from today.

03/22/2021

Oil price started in 2021 at $48.42. Today, Oil traded at $61.21, so the price increased by 26% from the beginning of the year. The forecasted Oil price at the end of 2021 is $96.57 - and the year to year change +99%. The rise from today to year-end: +58%. In the middle of 2021, we expect to see $83.46 per 1 Oil. In the first half of 2022, the Oil price will climb to $109.03; in the second half, the price would add $0.14 and close the year at $109.17, which is +78% to the current price.

These five years would bring a decrease: Oil price would move from $109.17 to $73.66, which is -33%. Oil will start 2023 at $109.17, then soar to $122.61 within the first six months of the year and finish 2023 at $141.00. That means +130% from today.

In this period, the Oil price would rise from $73.66 to $107.13, which is +45%. Oil will start 2028 at $73.66, then soar to $78.08 within the first half of the year, and finish 2028 at $80.10. It is about +31% from today.

03/15/2021

Oil price started in 2021 at $48.42. Today, Oil traded at $66.17, so the price increased by 37% from the beginning of the year. The forecasted Oil price at the end of 2021 is $111.40 - and the year to year change +130%. The rise from today to year-end: +68%. In the middle of 2021, we expect to see $96.27 per 1 Oil. In the first half of 2022, the Oil price will climb to $125.78; in the second half, the price would add $0.16 and close the year at $125.94, which is +90% to the current price.

These five years would bring a decrease: Oil price would move from $125.94 to $84.98, which is -33%. Oil will start 2023 at $125.94, then soar to $141.45 within the first six months of the year and finish 2023 at $162.67. That means +146% from today.

In this period, the Oil price would rise from $84.98 to $123.59, which is +45%. Oil will start 2028 at $84.98, then soar to $90.08 within the first half of the year, and finish 2028 at $92.41. It is about +40% from today.

03/08/2021

Oil price started in 2021 at $48.42. Today, Oil traded at $67.27, so the price increased by 39% from the beginning of the year. The forecasted Oil price at the end of 2021 is $114.50 - and the year to year change +136%. The rise from today to year-end: +70%. In the middle of 2021, we expect to see $98.95 per 1 Oil. In the first half of 2022, the Oil price will climb to $129.28; in the second half, the price would add $0.16 and close the year at $129.44, which is +92% to the current price.

These five years would bring a decrease: Oil price would move from $129.44 to $87.32, which is -33%. Oil will start 2023 at $129.44, then soar to $145.38 within the first six months of the year and finish 2023 at $167.19. That means +149% from today.

In this period, the Oil price would rise from $87.32 to $126.99, which is +45%. Oil will start 2028 at $87.32, then soar to $92.56 within the first half of the year, and finish 2028 at $94.95. It is about +41% from today.

03/01/2021

Oil price started in 2021 at $48.42. Today, Oil traded at $61.66, so the price increased by 27% from the beginning of the year. The forecasted Oil price at the end of 2021 is $97.64 - and the year to year change +102%. The rise from today to year-end: +58%. In the middle of 2021, we expect to see $84.38 per 1 Oil. In the first half of 2022, the Oil price will climb to $110.24; in the second half, the price would add $0.14 and close the year at $110.38, which is +79% to the current price.

These five years would bring a decrease: Oil price would move from $110.38 to $74.48, which is -33%. Oil will start 2023 at $110.38, then soar to $123.97 within the first six months of the year and finish 2023 at $142.57. That means +131% from today.

In this period, the Oil price would rise from $74.48 to $108.32, which is +45%. Oil will start 2028 at $74.48, then soar to $78.95 within the first half of the year, and finish 2028 at $80.99. It is about +31% from today.