Oil Price Prediction 2022 - 2025 - 2030


Oil price stood at $88.21 per one barrel (WTI)

According to the latest long-term forecast, Oil price will hit $100 by the middle of 2022 and then $125 by the end of 2024. Oil will rise to $150 within the year of 2025, $200 in 2027, $250 in 2029 and $300 in 2031.

Year Mid-Year Year-End Tod/End,%
2022 $104.15 $92.89 +5%
2023 $94.54 $104.29 +18%
2024 $117.42 $133.84 +52%
2025 $151.05 $168.04 +90%
2026 $168.25 $183.39 +108%
2027 $198.39 $213.27 +142%
2028 $226.95 $231.10 +162%
2029 $244.97 $258.75 +193%
2030 $272.45 $286.07 +224%
2031 $299.62 $313.10 +255%
2032 $321.19 $334.33 +279%
2033 $338.58 $351.28 +298%

Oil Price Prediction 2022-2023

Oil price started in 2022 at $73.67. Today, Oil traded at $88.21, so the price increased by 20% from the beginning of the year. The forecasted Oil price at the end of 2022 is $92.89 - and the year to year change +26%. The rise from today to year-end: +5%. In the middle of 2022, we expect to see $104.15 per 1 Oil. In the first half of 2023, the Oil price will climb to $94.54; in the second half, the price would add $9.75 and close the year at $104.29, which is +18% to the current price.

The short-term forecast:

  • Friday, Jan 28 - $88.31
  • Saturday, Jan 29 - $88.42
  • Sunday, Jan 30 - $88.52
  • Monday, Jan 31 - $88.62
  • Tuesday, Feb 1 - $88.73
  • Wednesday, Feb 2 - $88.83
  • Thursday, Feb 3 - $88.93
  • Friday, Feb 4 - $89.04
  • February 15 - $90.18
  • March 15 - $93.07
  • April 15 - $96.28
  • May 15 - $99.39
  • June 15 - $102.60
  • July 15 - $103.23

Oil Prediction 2024-2028

These five years would bring a significant increase: Oil price would move from $104.29 to $231.10, which is up 122%. Oil will start 2024 at $104.29, then soar to $117.42 within the first six months of the year and finish 2024 at $133.84. That means +52% from today.

Oil Prediction 2029-2033

In this period, the Oil price would rise from $231.10 to $351.28, which is +52%. Oil will start 2029 at $231.10, then soar to $244.97 within the first half of the year, and finish 2029 at $258.75. It is about +193% from today.

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

Historical Forecasts

01/01/2022

Oil Price Prediction 2022-2023

Oil price started in 2022 at $73.67. Today, Oil traded at $75.45, so the price increased by 2% from the beginning of the year. The forecasted Oil price at the end of 2022 is $67.17 - and the year to year change -9%. The fall from today to year-end: -11%. In the middle of 2022, we expect to see $75.31 per 1 Oil. In the first half of 2023, the Oil price will climb to $68.36; in the second half, the price would add $7.05 and close the year at $75.41, which is 0% to the current price.

Oil Prediction 2024-2028

These five years would bring a significant increase: Oil price would move from $75.41 to $167.10, which is up 122%. Oil will start 2024 at $75.41, then soar to $84.90 within the first six months of the year and finish 2024 at $96.77. That means +28% from today.

Oil Prediction 2029-2033

In this period, the Oil price would rise from $167.10 to $254.00, which is +52%. Oil will start 2029 at $167.10, then soar to $177.13 within the first half of the year, and finish 2029 at $187.09. It is about +148% from today.

12/15/2021

Oil Price Prediction 2021-2022

Oil price started in 2021 at $48.42. Today, Oil traded at $69.76, so the price increased by 44% from the beginning of the year. The forecasted Oil price at the end of 2021 is $64.11 - and the year to year change +32%. The fall from today to year-end: -8%. In the first half of 2022, the Oil price will climb to $77.88; in the second half, the price would lose $5.25 and close the year at $72.63, which is +4% to the current price.

Oil Prediction 2023-2027

These five years would bring an increase: Oil price would move from $72.63 to $136.54, which is up 88%. Oil will start 2023 at $72.63, then soar to $84.04 within the first six months of the year and finish 2023 at $86.53. That means +24% from today.

Oil Prediction 2028-2032

In this period, the Oil price would rise from $136.54 to $203.55, which is +49%. Oil will start 2028 at $136.54, then soar to $139.06 within the first half of the year, and finish 2028 at $146.32. It is about +110% from today.

12/01/2021

Oil Price Prediction 2021-2022

Oil price started in 2021 at $48.42. Today, Oil traded at $68.17, so the price increased by 41% from the beginning of the year. The forecasted Oil price at the end of 2021 is $54.99 - and the year to year change +14%. The fall from today to year-end: -19%. In the first half of 2022, the Oil price will climb to $66.80; in the second half, the price would lose $4.50 and close the year at $62.30, which is -9% to the current price.

Oil Prediction 2023-2027

These five years would bring an increase: Oil price would move from $62.30 to $117.11, which is up 88%. Oil will start 2023 at $62.30, then soar to $72.08 within the first six months of the year and finish 2023 at $74.22. That means +9% from today.

Oil Prediction 2028-2032

In this period, the Oil price would rise from $117.11 to $174.61, which is +49%. Oil will start 2028 at $117.11, then soar to $119.28 within the first half of the year, and finish 2028 at $125.51. It is about +84% from today.

11/15/2021

Oil Price Prediction 2021-2022

Oil price started in 2021 at $48.42. Today, Oil traded at $80.69, so the price increased by 67% from the beginning of the year. The forecasted Oil price at the end of 2021 is $86.67 - and the year to year change +79%. The rise from today to year-end: +7%. In the first half of 2022, the Oil price will climb to $88.21; in the second half, the price would add $9.10 and close the year at $97.31, which is +21% to the current price.

Oil Prediction 2023-2027

These five years would bring a significant increase: Oil price would move from $97.31 to $228.09, which is up 134%. Oil will start 2023 at $97.31, then soar to $109.56 within the first six months of the year and finish 2023 at $124.88. That means +55% from today.

Oil Prediction 2028-2032

In this period, the Oil price would rise from $228.09 to $354.25, which is +55%. Oil will start 2028 at $228.09, then soar to $242.71 within the first half of the year, and finish 2028 at $257.27. It is about +219% from today.

11/01/2021

Oil Price Prediction 2021-2022

Oil price started in 2021 at $48.42. Today, Oil traded at $83.20, so the price increased by 72% from the beginning of the year. The forecasted Oil price at the end of 2021 is $92.17 - and the year to year change +90%. The rise from today to year-end: +11%. In the first half of 2022, the Oil price will climb to $93.81; in the second half, the price would add $9.67 and close the year at $103.48, which is +24% to the current price.

Oil Prediction 2023-2027

These five years would bring a significant increase: Oil price would move from $103.48 to $242.54, which is up 134%. Oil will start 2023 at $103.48, then soar to $116.50 within the first six months of the year and finish 2023 at $132.79. That means +60% from today.

Oil Prediction 2028-2032

In this period, the Oil price would rise from $242.54 to $376.67, which is +55%. Oil will start 2028 at $242.54, then soar to $258.08 within the first half of the year, and finish 2028 at $273.56. It is about +229% from today.

10/15/2021

Oil Price Prediction 2021-2022

Oil price started in 2021 at $48.42. Today, Oil traded at $81.96, so the price increased by 69% from the beginning of the year. The forecasted Oil price at the end of 2021 is $90.42 - and the year to year change +87%. The rise from today to year-end: +10%. In the first half of 2022, the Oil price will drop to $84.33; in the second half, the price would add $13.24 and close the year at $97.57, which is +19% to the current price.

Oil Prediction 2023-2027

These five years would bring an increase: Oil price would move from $97.57 to $173.69, which is up 78%. Oil will start 2023 at $97.57, then soar to $100.47 within the first six months of the year and finish 2023 at $118.55. That means +45% from today.

Oil Prediction 2028-2032

In this period, the Oil price would rise from $173.69 to $268.51, which is +55%. Oil will start 2028 at $173.69, then soar to $182.76 within the first half of the year, and finish 2028 at $193.73. It is about +136% from today.

10/01/2021

Oil Price Prediction 2021-2022

Oil price started in 2021 at $48.42. Today, Oil traded at $74.84, so the price increased by 55% from the beginning of the year. The forecasted Oil price at the end of 2021 is $76.17 - and the year to year change +57%. The rise from today to year-end: +2%. In the first half of 2022, the Oil price will drop to $71.04; in the second half, the price would add $11.16 and close the year at $82.20, which is +10% to the current price.

Oil Prediction 2023-2027

These five years would bring an increase: Oil price would move from $82.20 to $146.33, which is up 78%. Oil will start 2023 at $82.20, then soar to $84.64 within the first six months of the year and finish 2023 at $99.88. That means +33% from today.

Oil Prediction 2028-2032

In this period, the Oil price would rise from $146.33 to $226.22, which is +55%. Oil will start 2028 at $146.33, then soar to $153.97 within the first half of the year, and finish 2028 at $163.21. It is about +118% from today.

09/15/2021

Oil Price Prediction 2021-2022

Oil price started in 2021 at $48.42. Today, Oil traded at $70.88, so the price increased by 46% from the beginning of the year. The forecasted Oil price at the end of 2021 is $73.51 - and the year to year change +52%. The rise from today to year-end: +4%. In the first half of 2022, the Oil price will climb to $81.09; in the second half, the price would add $10.21 and close the year at $91.30, which is +29% to the current price.

Oil Prediction 2023-2027

These five years would bring a significant increase: Oil price would move from $91.30 to $209.36, which is up 129%. Oil will start 2023 at $91.30, then soar to $104.07 within the first six months of the year and finish 2023 at $120.42. That means +70% from today.

Oil Prediction 2028-2032

In this period, the Oil price would rise from $209.36 to $323.88, which is +55%. Oil will start 2028 at $209.36, then soar to $222.82 within the first half of the year, and finish 2028 at $236.19. It is about +233% from today.

09/01/2021

Oil Price Prediction 2021-2022

Oil price started in 2021 at $48.42. Today, Oil traded at $68.99, so the price increased by 42% from the beginning of the year. The forecasted Oil price at the end of 2021 is $70.64 - and the year to year change +46%. The rise from today to year-end: +2%. In the first half of 2022, the Oil price will climb to $77.92; in the second half, the price would add $9.81 and close the year at $87.73, which is +27% to the current price.

Oil Prediction 2023-2027

These five years would bring a significant increase: Oil price would move from $87.73 to $201.19, which is up 129%. Oil will start 2023 at $87.73, then soar to $100.00 within the first six months of the year and finish 2023 at $115.71. That means +68% from today.

Oil Prediction 2028-2032

In this period, the Oil price would rise from $201.19 to $311.25, which is +55%. Oil will start 2028 at $201.19, then soar to $214.12 within the first half of the year, and finish 2028 at $226.97. It is about +229% from today.

08/15/2021

Oil Price Prediction 2021-2022

Oil price started in 2021 at $48.42. Today, Oil traded at $68.87, so the price increased by 42% from the beginning of the year. The forecasted Oil price at the end of 2021 is $79.81 - and the year to year change +65%. The rise from today to year-end: +16%. In the first half of 2022, the Oil price will climb to $92.34; in the second half, the price would add $2.74 and close the year at $95.08, which is +38% to the current price.

Oil Prediction 2023-2027

These five years would bring a decrease: Oil price would move from $95.08 to $73.11, which is -23%. Oil will start 2023 at $95.08, then soar to $116.47 within the first six months of the year and finish 2023 at $137.43. That means +100% from today.

Oil Prediction 2028-2032

In this period, the Oil price would rise from $73.11 to $113.85, which is +56%. Oil will start 2028 at $73.11, then soar to $77.81 within the first half of the year, and finish 2028 at $82.48. It is about +20% from today.

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