Oil Price Forecast for 2019 and 2020

2017/02/22. Brent oil price forecast for 2019-2020.

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

Oil price forecast for March 2019.
The forecast for beginning of March 64.79. Maximum price 67.71, while minimum 55.40. Averaged oil price for month 62.36. Brent oil price at the end 61.55, change for March -5.00%.

Crude oil price forecast for April 2019.
The forecast for beginning of April 61.55. Maximum price 71.09, while minimum 58.17. Averaged oil price for month 63.86. Brent oil price at the end 64.63, change for April 5.00%.

Oil price forecast for May 2019.
The forecast for beginning of May 64.63. Maximum price 74.65, while minimum 61.07. Averaged oil price for month 67.05. Brent oil price at the end 67.86, change for May 5.00%.

Crude oil price forecast for June 2019.
The forecast for beginning of June 67.86. Maximum price 78.38, while minimum 64.13. Averaged oil price for month 70.41. Brent oil price at the end 71.25, change for June 5.00%.

Oil price forecast for July 2019.
The forecast for beginning of July 71.25. Maximum price 82.29, while minimum 67.33. Averaged oil price for month 73.92. Brent oil price at the end 74.81, change for July 5.00%.

Crude oil price forecast for August 2019.
The forecast for beginning of August 74.81. Maximum price 86.41, while minimum 70.69. Averaged oil price for month 77.61. Brent oil price at the end 78.55, change for August 5.00%.

Oil price forecast for September 2019.
The forecast for beginning of September 78.55. Maximum price 88.72, while minimum 72.59. Averaged oil price for month 80.13. Brent oil price at the end 80.65, change for September 2.67%.

Crude oil price forecast for October 2019.
The forecast for beginning of October 80.65. Maximum price 93.15, while minimum 76.21. Averaged oil price for month 83.67. Brent oil price at the end 84.68, change for October 5.00%.

Oil price forecast for November 2019.
The forecast for beginning of November 84.68. Maximum price 90.64, while minimum 74.16. Averaged oil price for month 82.97. Brent oil price at the end 82.40, change for November -2.69%.

Crude oil price forecast for December 2019.
The forecast for beginning of December 82.40. Maximum price 89.52, while minimum 73.24. Averaged oil price for month 81.63. Brent oil price at the end 81.38, change for December -1.24%.

Oil price forecast for January 2020.
The forecast for beginning of January 81.38. Maximum price 89.27, while minimum 73.04. Averaged oil price for month 81.21. Brent oil price at the end 81.15, change for January -0.28%.

Table. Oil Price Forecast By Month.

Year Month Open Max Min Close Average Month%Ch Total%Ch
2019 March 64.79 67.71 55.40 61.55 62.36 -5.00% 8.78%
2019 April 61.55 71.09 58.17 64.63 63.86 5.00% 14.23%
2019 May 64.63 74.65 61.07 67.86 67.05 5.00% 19.94%
2019 June 67.86 78.38 64.13 71.25 70.41 5.00% 25.93%
2019 July 71.25 82.29 67.33 74.81 73.92 5.00% 32.22%
2019 August 74.81 86.41 70.69 78.55 77.61 5.00% 38.83%
2019 September 78.55 88.72 72.59 80.65 80.13 2.67% 42.54%
2019 October 80.65 93.15 76.21 84.68 83.67 5.00% 49.66%
2019 November 84.68 90.64 74.16 82.40 82.97 -2.69% 45.63%
2019 December 82.40 89.52 73.24 81.38 81.63 -1.24% 43.83%
2020 January 81.38 89.27 73.04 81.15 81.21 -0.28% 43.43%
2020 February 81.15 90.33 73.91 82.12 81.88 1.20% 45.14%
2020 March 82.12 88.07 72.05 80.06 80.58 -2.51% 41.50%
2020 April 80.06 91.56 74.92 83.24 82.45 3.97% 47.12%
2020 May 83.24 90.64 74.16 82.40 82.61 -1.01% 45.63%
2020 June 82.40 89.94 73.58 81.76 81.92 -0.78% 44.50%
2020 July 81.76 89.55 73.27 81.41 81.50 -0.43% 43.88%
2020 August 81.41 93.98 76.90 85.44 84.43 4.95% 51.01%
2020 September 85.44 89.29 73.05 81.17 82.24 -5.00% 43.46%
2020 October 81.17 84.82 69.40 77.11 78.13 -5.00% 36.28%
2020 November 77.11 83.33 68.18 75.75 76.09 -1.76% 33.88%
2020 December 75.75 84.94 69.50 77.22 76.85 1.94% 36.48%
2021 January 77.22 89.19 72.97 81.08 80.11 5.00% 43.30%
2021 February 81.08 90.28 73.86 82.07 81.82 1.22% 45.05%
2021 March 82.07 93.53 76.53 85.03 84.29 3.61% 50.28%

Crude oil price forecast for February 2020.
The forecast for beginning of February 81.15. Maximum price 90.33, while minimum 73.91. Averaged oil price for month 81.88. Brent oil price at the end 82.12, change for February 1.20%.

Oil Price Today.

Oil Price Forecast For Tomorrow and This Week.

Oil price forecast for March 2020.
The forecast for beginning of March 82.12. Maximum price 88.07, while minimum 72.05. Averaged oil price for month 80.58. Brent oil price at the end 80.06, change for March -2.51%.

Crude oil price forecast for April 2020.
The forecast for beginning of April 80.06. Maximum price 91.56, while minimum 74.92. Averaged oil price for month 82.45. Brent oil price at the end 83.24, change for April 3.97%.

 

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