Wti oil price forecast
Forecast of Crude Oil Price (WTI) Below is a forecast of crude oil prices that is based on prior values of both WTI and Brent crude oil prices, global oil production and consumption, currency exchange rates, other commodity prices and economic indicators. The government agency forecast an average WTI price of $56.31 a barrel for this year, down 2.7% from the forecast issued in August. For 2020, it forecast $56.50, down 5% from the previous forecast. Crude oil price to rise initially before correcting in the latter part of 2020. Improved economic outlook, IMO 2020 and shrinking supply to offer support. WTI price will likely maintain 2019’s Brent Oil Price equal to 30.17 Dollars per 1 barrell. Today's range: 30.00-34.55. Previous day close: 33.85, changed by -3.68, -10.87%. The American WTI Oil Price here. Brent oil price forecast for tomorrow, this week and month Worldwide crude oil prices will average $64 a barrel in the second half of 2019 and $65/b in 2020. That's according to the Short-term Energy Outlook by the U.S. Energy Information Administration. It's the same as the EIA's forecast last month. EIA forecasts that West Texas Intermediate (WTI) prices will average $5.50/b less than Brent prices in 2020. The Henry Hub natural gas spot price averaged $2.22 per million British thermal units (MMBtu) in August, down 15 cents/MMBtu from July.
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6 Feb 2019 Banks lowered slightly their overall forecasts for oil prices in 2019, even though they expect crude prices to rise in the first half of this year on 22 Jun 2017 WTI oil Forecast, News & Analysis. A serious drop in oil prices greatly increased interest in this subject not only for traders, but also for ordinary 15 Jan 2015 But if you go by the published WTI price forecasts of 32 large banks, crude is about to bottom out. The bank estimates, supplied by Bloomberg, View the crude oil price charts for live oil prices and read the latest forecast, news and technical analysis for Brent and WTI. We use a range of cookies to give you the best possible browsing WTI oil price forecast for February 2021. In the beginning price at 25.94 Dollars. High price 25.94, low 23.97. The average for the month 25.05. The Oil Price forecast at the end of the month 24.33, change for February -6.2%. Oil Price forecast for March 2021. In the beginning price at 24.33 Dollars. High price 26.11, low 24.33. 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025; 53.2: 56.9: 60.8: 65: 69.4: 74.1: 79.2: 84.6: 90.4: 96.7: 103.4
View the crude oil price charts for live oil prices and read the latest forecast, news and technical analysis for Brent and WTI.
26 Oct 2014 Sees Q1 2015 WTI crude at $75/bbl vs $90/bbl previously Oct 27 (Reuters) - Goldman Sachs has slashed its 2015 oil price forecasts, making
Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.
26 Oct 2014 Sees Q1 2015 WTI crude at $75/bbl vs $90/bbl previously Oct 27 (Reuters) - Goldman Sachs has slashed its 2015 oil price forecasts, making
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16 Jan 2020 Brent crude oil is forecast to have a price of 67.53 U.S. dollars per barrel in 2021. Also known as Brent Blend, London Brent, and Brent 1 Jan 2018 Expectations of robust oil demand growth and high OPEC and allies' commitment to the production cuts have prompted analysts to raise again
WTI oil price forecast for February 2021. In the beginning price at 25.94 Dollars. High price 25.94, low 23.97. The average for the month 25.05. The Oil Price forecast at the end of the month 24.33, change for February -6.2%. Oil Price forecast for March 2021. In the beginning price at 24.33 Dollars. High price 26.11, low 24.33. 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025; 53.2: 56.9: 60.8: 65: 69.4: 74.1: 79.2: 84.6: 90.4: 96.7: 103.4 Forecast of Crude Oil Price (WTI) Below is a forecast of crude oil prices that is based on prior values of both WTI and Brent crude oil prices, global oil production and consumption, currency exchange rates, other commodity prices and economic indicators. The government agency forecast an average WTI price of $56.31 a barrel for this year, down 2.7% from the forecast issued in August. For 2020, it forecast $56.50, down 5% from the previous forecast.