Oil Price Prediction 2021 - 2025 - 2030


Oil price stood at $84.25 per one barrel (WTI)

According to the latest long-term forecast, Oil price will hit $90 by the end of 2021 and then $100 by the end of 2022. Oil will rise to $125 within the year of 2025, $150 in 2026, $200 in 2028 and $250 in 2031.

Year Mid-Year Year-End Tod/End,%
2021 $73.46 $94.75 +12%
2022 $88.37 $102.25 +21%
2023 $105.28 $124.23 +47%
2024 $142.86 $118.70 +41%
2025 $128.15 $140.97 +67%
2026 $153.66 $166.23 +97%
2027 $178.70 $182.00 +116%
2028 $191.51 $203.00 +141%
2029 $214.42 $225.77 +168%
2030 $237.06 $248.29 +195%
2031 $257.43 $268.46 +219%
2032 $270.76 $281.35 +234%
2033 $291.90 $298.33 +254%

Oil Price Prediction 2021-2022

Oil price started in 2021 at $48.42. Today, Oil traded at $84.25, so the price increased by 74% from the beginning of the year. The forecasted Oil price at the end of 2021 is $94.75 - and the year to year change +96%. The rise from today to year-end: +12%. In the first half of 2022, the Oil price will drop to $88.37; in the second half, the price would add $13.88 and close the year at $102.25, which is +21% to the current price.

The short-term forecast:

  • Thursday, Oct 21 - $84.40
  • Friday, Oct 22 - $84.54
  • Saturday, Oct 23 - $84.69
  • Sunday, Oct 24 - $84.83
  • Monday, Oct 25 - $84.98
  • Tuesday, Oct 26 - $85.13
  • Wednesday, Oct 27 - $85.27
  • Thursday, Oct 28 - $85.42
  • November 15 - $88.04
  • December 15 - $92.42
  • January 15 - $94.22
  • February 15 - $93.13
  • March 15 - $92.14
  • April 15 - $91.05

Oil Prediction 2023-2027

These five years would bring an increase: Oil price would move from $102.25 to $182.00, which is up 78%. Oil will start 2023 at $102.25, then soar to $105.28 within the first six months of the year and finish 2023 at $124.23. That means +47% from today.

Oil Prediction 2028-2032

In this period, the Oil price would rise from $182.00 to $281.35, which is +55%. Oil will start 2028 at $182.00, then soar to $191.51 within the first half of the year, and finish 2028 at $203.00. It is about +141% from today.

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

Historical Forecasts

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.

08/01/2021

Oil Price Prediction 2021-2022

Oil price started in 2021 at $48.42. Today, Oil traded at $73.81, so the price increased by 52% from the beginning of the year. The forecasted Oil price at the end of 2021 is $91.67 - and the year to year change +89%. The rise from today to year-end: +24%. In the first half of 2022, the Oil price will climb to $106.07; in the second half, the price would add $3.15 and close the year at $109.22, which is +48% to the current price.

Oil Prediction 2023-2027

These five years would bring a decrease: Oil price would move from $109.22 to $83.98, which is -23%. Oil will start 2023 at $109.22, then soar to $133.79 within the first six months of the year and finish 2023 at $157.87. That means +114% from today.

Oil Prediction 2028-2032

In this period, the Oil price would rise from $83.98 to $130.77, which is +56%. Oil will start 2028 at $83.98, then soar to $89.38 within the first half of the year, and finish 2028 at $94.74. It is about +28% from today.

07/15/2021

Oil Price Prediction 2021-2022

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.

Oil Prediction 2023-2027

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.

Oil Prediction 2028-2032

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 Prediction 2021-2022

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.

Oil Prediction 2023-2027

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.

Oil Prediction 2028-2032

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 Prediction 2021-2022

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.

Oil Prediction 2023-2027

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.

Oil Prediction 2028-2032

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 Prediction 2021-2022

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.

Oil Prediction 2023-2027

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.

Oil Prediction 2028-2032

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 Prediction 2021-2022

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.

Oil Prediction 2023-2027

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.

Oil Prediction 2028-2032

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.

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