Oil Price Forecast for 2019 and 2020

2017/01/17. Brent oil price forecast for 2019-2020.

It's a continuation of the oil forecast for 2017-2018.

Oil price forecast for February 2019.
The forecast for beginning of February 72.59. Maximum price 83.84, while minimum 68.60. Averaged oil price for month 75.31. Brent oil price at the end 76.22, change for February 5.00%.

Crude oil price forecast for March 2019.
The forecast for beginning of March 76.22. Maximum price 88.03, while minimum 72.03. Averaged oil price for month 79.08. Brent oil price at the end 80.03, change for March 5.00%.

Oil price forecast for April 2019.
The forecast for beginning of April 80.03. Maximum price 92.43, while minimum 75.63. Averaged oil price for month 83.03. Brent oil price at the end 84.03, change for April 5.00%.

Crude oil price forecast for May 2019.
The forecast for beginning of May 84.03. Maximum price 97.05, while minimum 79.41. Averaged oil price for month 87.18. Brent oil price at the end 88.23, change for May 5.00%.

Oil price forecast for June 2019.
The forecast for beginning of June 88.23. Maximum price 101.90, while minimum 83.38. Averaged oil price for month 91.54. Brent oil price at the end 92.64, change for June 5.00%.

Crude oil price forecast for July 2019.
The forecast for beginning of July 92.64. Maximum price 104.62, while minimum 85.60. Averaged oil price for month 94.49. Brent oil price at the end 95.11, change for July 2.67%.

Oil price forecast for August 2019.
The forecast for beginning of August 95.11. Maximum price 109.86, while minimum 89.88. Averaged oil price for month 98.68. Brent oil price at the end 99.87, change for August 5.00%.

Crude oil price forecast for September 2019.
The forecast for beginning of September 99.87. Maximum price 106.90, while minimum 87.46. Averaged oil price for month 97.85. Brent oil price at the end 97.18, change for September -2.69%.

Oil price forecast for October 2019.
The forecast for beginning of October 97.18. Maximum price 105.58, while minimum 86.38. Averaged oil price for month 96.28. Brent oil price at the end 95.98, change for October -1.23%.

Crude oil price forecast for November 2019.
The forecast for beginning of November 95.98. Maximum price 105.27, while minimum 86.13. Averaged oil price for month 95.77. Brent oil price at the end 95.70, change for November -0.29%.

Oil price forecast for December 2019.
The forecast for beginning of December 95.70. Maximum price 106.54, while minimum 87.17. Averaged oil price for month 96.57. Brent oil price at the end 96.85, change for December 1.20%.

Table. Oil Price Forecast By Month.

Year Month Open Max Min Close Average Month%Ch Total%Ch
2019 February 72.59 83.84 68.60 76.22 75.31 5.00% 34.31%
2019 March 76.22 88.03 72.03 80.03 79.08 5.00% 41.02%
2019 April 80.03 92.43 75.63 84.03 83.03 5.00% 48.07%
2019 May 84.03 97.05 79.41 88.23 87.18 5.00% 55.47%
2019 June 88.23 101.90 83.38 92.64 91.54 5.00% 63.24%
2019 July 92.64 104.62 85.60 95.11 94.49 2.67% 67.59%
2019 August 95.11 109.86 89.88 99.87 98.68 5.00% 75.98%
2019 September 99.87 106.90 87.46 97.18 97.85 -2.69% 71.24%
2019 October 97.18 105.58 86.38 95.98 96.28 -1.23% 69.13%
2019 November 95.98 105.27 86.13 95.70 95.77 -0.29% 68.63%
2019 December 95.70 106.54 87.17 96.85 96.57 1.20% 70.66%
2020 January 96.85 103.86 84.98 94.42 95.03 -2.51% 66.38%
2020 February 94.42 107.99 88.35 98.17 97.23 3.97% 72.99%
2020 March 98.17 106.90 87.46 97.18 97.43 -1.01% 71.24%
2020 April 97.18 106.06 86.78 96.42 96.61 -0.78% 69.90%
2020 May 96.42 105.60 86.40 96.00 96.11 -0.44% 69.16%
2020 June 96.00 110.83 90.68 100.75 99.57 4.95% 77.53%
2020 July 100.75 105.28 86.14 95.71 96.97 -5.00% 68.65%
2020 August 95.71 100.01 81.83 90.92 92.12 -5.00% 60.21%
2020 September 90.92 98.25 80.39 89.32 89.72 -1.76% 57.39%
2020 October 89.32 100.16 81.95 91.05 90.62 1.94% 60.44%
2020 November 91.05 105.16 86.04 95.60 94.46 5.00% 68.46%
2020 December 95.60 106.45 87.09 96.77 96.48 1.22% 70.52%
2021 January 96.77 110.29 90.23 100.26 99.39 3.61% 76.67%
2021 February 100.26 105.88 86.63 96.25 97.26 -4.00% 69.60%

Crude oil price forecast for January 2020.
The forecast for beginning of January 96.85. Maximum price 103.86, while minimum 84.98. Averaged oil price for month 95.03. Brent oil price at the end 94.42, change for January -2.51%.

Oil Price Today.

Oil Price Forecast For Tomorrow and This Week.

Oil price forecast for February 2020.
The forecast for beginning of February 94.42. Maximum price 107.99, while minimum 88.35. Averaged oil price for month 97.23. Brent oil price at the end 98.17, change for February 3.97%.

Crude oil price forecast for March 2020.
The forecast for beginning of March 98.17. Maximum price 106.90, while minimum 87.46. Averaged oil price for month 97.43. Brent oil price at the end 97.18, change for March -1.01%.

 

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