Brent Oil Forecast

by

The price of Brent crude for tomorrow

The price of Brent crude tomorrow will be 83.9 US dollars. Today the price for 1 bbls was 83.6 USD. Yesterday the rate was 83.6 USD for 1 bbls of Brent crude. Trading of Brent crude took place in the range 83.6 – 83.9 USD. The difference compared to the previous day was -0.13%.

When will the price of Brent crude rise?

The price of Brent crude will rise in the coming month. Experts believe that after a short correction, growth will begin on 23 May 2024. The best moment for profit-taking, according to the majority of analysts surveyed, will be 3 June 2024. The increase in the price of Brent crude will be 3.75%.

Brent Oil Forecast for the next week

In the week of 27 May 2024 Brent crude will trade in range of 84.4 – 85.8 US dollars. The week will start at 84.6 USD for 1 bbls. The rate of Brent crude by the end of the week will be 85.2 US dollars. Thus, the change will be 0.83%.

Brent Oil Forecast in one week

In the week of 3 June 2024 Brent crude will trade in range of 84.4 – 85.9 US dollars. The week will start at 85.9 USD for 1 bbls. The rate of Brent crude by the end of the week will be 85.7 US dollars. Thus, the change will be -0.21%.

Brent Oil Forecast on two weeks

In the week of 10 June 2024 Brent crude will trade in range of 83.1 – 84.7 US dollars. The week will start at 84.2 USD for 1 bbls. The rate of Brent crude by the end of the week will be 83.5 US dollars. Thus, the change will be -0.89%.

Precise Brent Oil Forecast

dateratechange
21 May 202483.90.30%
22 May 202483.2-0.83%
23 May 202482.8-0.43%
24 May 202483.10.31%
25 May 202483.0-0.06%
26 May 202483.20.22%
27 May 202484.61.63%
28 May 202484.4-0.16%
29 May 202485.00.64%
30 May 202485.70.88%
31 May 202485.80.12%
1 June 202485.4-0.47%
2 June 202485.2-0.19%
3 June 202485.90.77%
4 June 202484.5-1.63%
5 June 202484.4-0.07%
6 June 202485.71.50%
7 June 202484.8-1.06%
8 June 202485.40.71%
9 June 202485.70.37%
10 June 202484.2-1.72%
11 June 202483.5-0.84%
12 June 202484.40.98%
13 June 202483.9-0.53%
14 June 202484.70.89%
15 June 202483.1-1.81%
16 June 202483.50.44%
17 June 202483.1-0.46%
18 June 202483.20.14%
19 June 202483.40.26%

Brent Oil Forecast for 2024

The price of Brent crude in 2024 will be in range of 72.8 – 90.9 USD for 1 bbls. The minimum value of 72.8 US dollars will be reached in August, and the maximum of 90.9 USD will be reached in December 2024. The price of Brent crude by the end of 2024 will be 90.9 US dollars, the change will be 8.46% for the year.

Brent Oil Forecast for 2025

The price of Brent crude in 2025 will be in range of 77.4 – 99.0 USD for 1 bbls. The maximum value of 99.0 US dollars will be reached in May, and the minimum of 77.4 USD will be reached in December 2025. The price of Brent crude by the end of 2025 will be 77.4 US dollars, the change will be -14.89% for the year.

Brent Oil Forecast for 2026

The price of Brent crude in 2026 will be in range of 77.5 – 90.6 USD for 1 bbls. The minimum value of 77.5 US dollars will be reached in February, and the maximum of 90.6 USD will be reached in November 2026. The price of Brent crude by the end of 2026 will be 89.0 US dollars, the change will be 15.00% for the year.

Brent Oil Forecast for 2027

The price of Brent crude in 2027 will be in range of 59.1 – 89.1 USD for 1 bbls. The maximum value of 89.1 US dollars will be reached in January, and the minimum of 59.1 USD will be reached in November 2027. The price of Brent crude by the end of 2027 will be 61.1 US dollars, the change will be -31.35% for the year.

Brent Oil Forecast for 2028

The price of Brent crude in 2028 will be in range of 63.7 – 93.8 USD for 1 bbls. The minimum value of 63.7 US dollars will be reached in January, and the maximum of 93.8 USD will be reached in December 2028. The price of Brent crude by the end of 2028 will be 93.8 US dollars, the change will be 53.50% for the year.

Brent Oil Forecast for 2029

The price of Brent crude in 2029 will be in range of 97.0 – 136.3 USD for 1 bbls. The minimum value of 97.0 US dollars will be reached in January, and the maximum of 136.3 USD will be reached in December 2029. The price of Brent crude by the end of 2029 will be 136.3 US dollars, the change will be 45.28% for the year.

Brent Oil Forecast for 2030

The price of Brent crude in 2030 will be in range of 134.0 – 135.9 USD for 1 bbls. The maximum value of 135.9 US dollars will be reached in March, and the minimum of 134.0 USD will be reached in June 2030. The price of Brent crude by the end of 2030 will be 134.0 US dollars, the change will be -1.68% for the year.

Brent Crude chart

Read more

Brent Oil Forecast

2024-05-20 02:30