Oil Price Forecast for 2017 and 2018

2017/01/17. Brent oil price forecast for next months and years.

The price is in US Dollars per 1 crude oil barrell.

Crude oil price forecast for January 2017.
The forecast for beginning of January 56.75. Maximum price 63.26, while minimum 51.76. Averaged oil price for month 57.32. Brent oil price at the end 57.51, change for January 1.34%.

Oil price forecast for February 2017.
The forecast for beginning of February 57.51. Maximum price 64.11, while minimum 52.45. Averaged oil price for month 58.09. Brent oil price at the end 58.28, change for February 1.34%.

Crude oil price forecast for March 2017.
The forecast for beginning of March 58.28. Maximum price 67.31, while minimum 55.07. Averaged oil price for month 60.46. Brent oil price at the end 61.19, change for March 4.99%.

Oil price forecast for April 2017.
The forecast for beginning of April 61.19. Maximum price 70.28, while minimum 57.50. Averaged oil price for month 63.22. Brent oil price at the end 63.89, change for April 4.41%.

Crude oil price forecast for May 2017.
The forecast for beginning of May 63.89. Maximum price 69.23, while minimum 56.65. Averaged oil price for month 63.18. Brent oil price at the end 62.94, change for May -1.49%.

Oil price forecast for June 2017.
The forecast for beginning of June 62.94. Maximum price 72.19, while minimum 59.07. Averaged oil price for month 64.96. Brent oil price at the end 65.63, change for June 4.27%.

Crude oil price forecast for July 2017.
The forecast for beginning of July 65.63. Maximum price 75.80, while minimum 62.02. Averaged oil price for month 68.09. Brent oil price at the end 68.91, change for July 5.00%.

Oil price forecast for August 2017.
The forecast for beginning of August 68.91. Maximum price 79.60, while minimum 65.12. Averaged oil price for month 71.50. Brent oil price at the end 72.36, change for August 5.01%.

Crude oil price forecast for September 2017.
The forecast for beginning of September 72.36. Maximum price 79.52, while minimum 65.06. Averaged oil price for month 72.31. Brent oil price at the end 72.29, change for September -0.10%.

WTI Oil Forecast For 2017 and 2018.

Exchange Rates Monitor.

Oil price forecast for October 2017.
The forecast for beginning of October 72.29. Maximum price 76.99, while minimum 62.99. Averaged oil price for month 70.57. Brent oil price at the end 69.99, change for October -3.18%.

Crude oil price forecast for November 2017.
The forecast for beginning of November 69.99. Maximum price 73.14, while minimum 59.84. Averaged oil price for month 67.36. Brent oil price at the end 66.49, change for November -5.00%.

Oil price forecast for December 2017.
The forecast for beginning of December 66.49. Maximum price 69.49, while minimum 56.85. Averaged oil price for month 64.00. Brent oil price at the end 63.17, change for December -4.99%.

Table. Oil Price Forecast By Month.

Year Month Open Max Min Close Average Month%Ch Total%Ch
2017 January 56.75 63.26 51.76 57.51 57.32 1.34% 1.34%
2017 February 57.51 64.11 52.45 58.28 58.09 1.34% 2.70%
2017 March 58.28 67.31 55.07 61.19 60.46 4.99% 7.82%
2017 April 61.19 70.28 57.50 63.89 63.22 4.41% 12.58%
2017 May 63.89 69.23 56.65 62.94 63.18 -1.49% 10.91%
2017 June 62.94 72.19 59.07 65.63 64.96 4.27% 15.65%
2017 July 65.63 75.80 62.02 68.91 68.09 5.00% 21.43%
2017 August 68.91 79.60 65.12 72.36 71.50 5.01% 27.51%
2017 September 72.36 79.52 65.06 72.29 72.31 -0.10% 27.38%
2017 October 72.29 76.99 62.99 69.99 70.57 -3.18% 23.33%
2017 November 69.99 73.14 59.84 66.49 67.36 -5.00% 17.16%
2017 December 66.49 69.49 56.85 63.17 64.00 -4.99% 11.31%
2018 January 63.17 67.02 54.84 60.93 61.49 -3.55% 7.37%
2018 February 60.93 70.38 57.58 63.98 63.22 5.01% 12.74%
2018 March 63.98 73.90 60.46 67.18 66.38 5.00% 18.38%
2018 April 67.18 77.59 63.49 70.54 69.70 5.00% 24.30%
2018 May 70.54 75.68 61.92 68.80 69.24 -2.47% 21.23%
2018 June 68.80 79.46 65.02 72.24 71.38 5.00% 27.30%
2018 July 72.24 76.52 62.60 69.56 70.23 -3.71% 22.57%
2018 August 69.56 80.34 65.74 73.04 72.17 5.00% 28.70%
2018 September 73.04 82.75 67.71 75.23 74.68 3.00% 32.56%
2018 October 75.23 84.26 68.94 76.60 76.26 1.82% 34.98%
2018 November 76.60 80.05 65.49 72.77 73.73 -5.00% 28.23%
2018 December 72.77 84.05 68.77 76.41 75.50 5.00% 34.64%
2019 January 76.41 79.85 65.33 72.59 73.54 -5.00% 27.91%

Crude oil price forecast for January 2018.
The forecast for beginning of January 63.17. Maximum price 67.02, while minimum 54.84. Averaged oil price for month 61.49. Brent oil price at the end 60.93, change for January -3.55%.

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Oil price forecast for February 2018.
The forecast for beginning of February 60.93. Maximum price 70.38, while minimum 57.58. Averaged oil price for month 63.22. Brent oil price at the end 63.98, change for February 5.01%.

Crude oil price forecast for March 2018.
The forecast for beginning of March 63.98. Maximum price 73.90, while minimum 60.46. Averaged oil price for month 66.38. Brent oil price at the end 67.18, change for March 5.00%.

 

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