Oil Price Forecast for 2017 and 2018

2017/02/22. 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 February 2017.
The forecast for beginning of February 56.58. Maximum price 61.25, while minimum 50.11. Averaged oil price for month 55.91. Brent oil price at the end 55.68, change for February -1.59%.

Oil price forecast for March 2017.
The forecast for beginning of March 55.68. Maximum price 60.27, while minimum 49.31. Averaged oil price for month 55.01. Brent oil price at the end 54.79, change for March -1.60%.

Crude oil price forecast for April 2017.
The forecast for beginning of April 54.79. Maximum price 60.09, while minimum 49.17. Averaged oil price for month 54.67. Brent oil price at the end 54.63, change for April -0.29%.

Oil price forecast for May 2017.
The forecast for beginning of May 54.63. Maximum price 63.10, while minimum 51.62. Averaged oil price for month 56.68. Brent oil price at the end 57.36, change for May 5.00%.

Crude oil price forecast for June 2017.
The forecast for beginning of June 57.36. Maximum price 65.88, while minimum 53.90. Averaged oil price for month 59.26. Brent oil price at the end 59.89, change for June 4.41%.

Oil price forecast for July 2017.
The forecast for beginning of July 59.89. Maximum price 64.90, while minimum 53.10. Averaged oil price for month 59.22. Brent oil price at the end 59.00, change for July -1.49%.

Crude oil price forecast for August 2017.
The forecast for beginning of August 59.00. Maximum price 67.67, while minimum 55.37. Averaged oil price for month 60.89. Brent oil price at the end 61.52, change for August 4.27%.

Oil price forecast for September 2017.
The forecast for beginning of September 61.52. Maximum price 64.28, while minimum 52.60. Averaged oil price for month 59.21. Brent oil price at the end 58.44, change for September -5.01%.

Crude oil price forecast for October 2017.
The forecast for beginning of October 58.44. Maximum price 67.50, while minimum 55.22. Averaged oil price for month 60.63. Brent oil price at the end 61.36, change for October 5.00%.

WTI Oil Forecast For 2017 and 2018.

Exchange Rates Monitor.

Oil price forecast for November 2017.
The forecast for beginning of November 61.36. Maximum price 67.43, while minimum 55.17. Averaged oil price for month 61.32. Brent oil price at the end 61.30, change for November -0.10%.

Crude oil price forecast for December 2017.
The forecast for beginning of December 61.30. Maximum price 65.29, while minimum 53.42. Averaged oil price for month 59.84. Brent oil price at the end 59.35, change for December -3.18%.

Oil price forecast for January 2018.
The forecast for beginning of January 59.35. Maximum price 62.02, while minimum 50.74. Averaged oil price for month 57.12. Brent oil price at the end 56.38, change for January -5.00%.

Table. Oil Price Forecast By Month.

Year Month Open Max Min Close Average Month%Ch Total%Ch
2017 February 56.58 61.25 50.11 55.68 55.91 -1.59% -1.59%
2017 March 55.68 60.27 49.31 54.79 55.01 -1.60% -3.16%
2017 April 54.79 60.09 49.17 54.63 54.67 -0.29% -3.45%
2017 May 54.63 63.10 51.62 57.36 56.68 5.00% 1.38%
2017 June 57.36 65.88 53.90 59.89 59.26 4.41% 5.85%
2017 July 59.89 64.90 53.10 59.00 59.22 -1.49% 4.28%
2017 August 59.00 67.67 55.37 61.52 60.89 4.27% 8.73%
2017 September 61.52 64.28 52.60 58.44 59.21 -5.01% 3.29%
2017 October 58.44 67.50 55.22 61.36 60.63 5.00% 8.45%
2017 November 61.36 67.43 55.17 61.30 61.32 -0.10% 8.34%
2017 December 61.30 65.29 53.42 59.35 59.84 -3.18% 4.90%
2018 January 59.35 62.02 50.74 56.38 57.12 -5.00% -0.35%
2018 February 56.38 58.92 48.20 53.56 54.27 -5.00% -5.34%
2018 March 53.56 56.83 46.49 51.66 52.14 -3.55% -8.70%
2018 April 51.66 59.66 48.82 54.24 53.60 4.99% -4.14%
2018 May 54.24 62.65 51.26 56.95 56.28 5.00% 0.65%
2018 June 56.95 65.78 53.82 59.80 59.09 5.00% 5.69%
2018 July 59.80 64.16 52.50 58.33 58.70 -2.46% 3.09%
2018 August 58.33 67.38 55.13 61.25 60.52 5.01% 8.25%
2018 September 61.25 64.87 53.07 58.97 59.54 -3.72% 4.22%
2018 October 58.97 68.11 55.73 61.92 61.18 5.00% 9.44%
2018 November 61.92 70.16 57.40 63.78 63.32 3.00% 12.73%
2018 December 63.78 71.45 58.46 64.95 64.66 1.83% 14.79%
2019 January 64.95 67.87 55.53 61.70 62.51 -5.00% 9.05%
2019 February 61.70 71.27 58.31 64.79 64.02 5.01% 14.51%

Crude oil price forecast for February 2018.
The forecast for beginning of February 56.38. Maximum price 58.92, while minimum 48.20. Averaged oil price for month 54.27. Brent oil price at the end 53.56, change for February -5.00%.

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Oil Price Forecast For Tomorrow and This Week.

Oil price forecast for March 2018.
The forecast for beginning of March 53.56. Maximum price 56.83, while minimum 46.49. Averaged oil price for month 52.14. Brent oil price at the end 51.66, change for March -3.55%.

Crude oil price forecast for April 2018.
The forecast for beginning of April 51.66. Maximum price 59.66, while minimum 48.82. Averaged oil price for month 53.60. Brent oil price at the end 54.24, change for April 4.99%.

 

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