Commodity Forecast Gold And Oil Are On The Rise

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Commodity Report: Oil forecast April 2020 [Video]

Oil fell towards $20 a barrel on Wednesday, within sight of its lowest in 18 years, as a report showing a big rise in U.S. inventories and a widening rift within OPEC heightened oversupply concerns.

Pledges of higher output from Saudi Arabia and Russia after a supply pact collapsed and a slide in demand because of the coronavirus outbreak have hammered the market.

Underlining supply glut fears, the American Petroleum Institute reported a weekly rise in U.S. crude inventories of 10.5 million barrels, far exceeding forecasts for a 4 million barrel increase.

U.S. President Donald Trump on Tuesday said he would join Saudi Arabia and Russia, if need be, for talks about the fall in oil prices.

Where are commodity prices heading next? Watch Phil Carr at The Gold & Silver Club review Crude Oil with the latest price forecast and predictions:

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GBP/USD approaches 1.2400 despite uncertainty

With UK PM Johnson in the ICU and Gove in self-isolation, concerns mount about who’s leading the kingdom within this crisis. GBP/USD up as the market keeps dumping the dollar in benefit of high-yielding assets.

EUR/USD extends advance beyond 1.0900

The pair continues to advance amid decreased demand for the greenback on a more risk-friendly market. New US fiscal stimulus is also eyed.

Crypto starship starts the engines, pointing beyond limits

The bullish scenarios are fulfilled and bring the Top 3 to the launch pad. Ether’s dominance shoots up and improves by more than 10% in a single day. The movement shows strong potential not seen since the 2020 bump.

Gold corrects from multi-week tops, slides further below $1650 level

Gold finally broke down of its Asian session consolidation phase and dropped to fresh session lows, around the $1645 region in the last hour.

WTI stays relatively calm near $27 as markets wait for fresh clues on output cuts

Crude oil prices started the week on the back foot with the barrel of West Texas Intermediate (WTI) erasing 8.75% on a daily basis to close at $26.28.

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OIL PRICE FORECAST FOR 2020, 2021, 2022 AND 2023

2020/04/07. Oil Price Today.

Actual European Brent Oil Price equal to 33.80 Dollars per 1 barrell. Today’s range: 33.23-34.18. Previous day close: 33.05. Change for today +0.75, +2.27%. American WTI Oil Price here.

Recent changes:

Period 2 Days 3 Days 1 Week 2 Weeks 1 Month
Chng,% -2.45% +13.31% +48.83% +22.46% -25.80%
Ex-Rate 34.65 29.83 22.71 27.60 45.55

Oil Price Forecast For 2020, 2021, 2022, 2023 And 2024

Month Open Low-High Close Mo,% Total,%
2020
Apr 25.54 25.45-36.29 30.69 20.2% 20.2%
May 30.69 28.36-30.69 28.79 -6.2% 12.7%
Jun 28.79 26.60-28.79 27.01 -6.2% 5.8%
Jul 27.01 24.96-27.01 25.34 -6.2% -0.8%
Aug 25.34 23.41-25.34 23.77 -6.2% -6.9%
Sep 23.77 23.77-25.52 25.14 5.8% -1.6%
Oct 25.14 25.14-26.45 26.06 3.7% 2.0%
Nov 26.06 25.43-26.21 25.82 -0.9% 1.1%
Dec 25.82 25.58-26.36 25.97 0.6% 1.7%
2021
Jan 25.97 25.32-26.10 25.71 -1.0% 0.7%
Feb 25.71 23.76-25.71 24.12 -6.2% -5.6%
Mar 24.12 24.04-24.78 24.41 1.2% -4.4%
Apr 24.41 22.56-24.41 22.90 -6.2% -10.3%
May 22.90 22.90-24.19 23.83 4.1% -6.7%
Jun 23.83 23.83-25.69 25.31 6.2% -0.9%
Jul 25.31 25.31-26.55 26.16 3.4% 2.4%
Aug 26.16 26.16-28.20 27.78 6.2% 8.8%
Sep 27.78 25.67-27.78 26.06 -6.2% 2.0%
Oct 26.06 24.07-26.06 24.44 -6.2% -4.3%
Nov 24.44 22.58-24.44 22.92 -6.2% -10.3%
Dec 22.92 22.92-24.71 24.34 6.2% -4.7%
2022
Jan 24.34 23.65-24.37 24.01 -1.4% -6.0%
Feb 24.01 24.01-25.88 25.50 6.2% -0.2%
Mar 25.50 25.50-27.20 26.80 5.1% 4.9%
Apr 26.80 26.80-28.09 27.67 3.2% 8.3%
Month Open Low-High Close Mo,% Total,%
2022 Continuation
May 27.67 26.53-27.67 26.93 -2.7% 5.4%
Jun 26.93 26.93-28.45 28.03 4.1% 9.7%
Jul 28.03 28.03-29.57 29.13 3.9% 14.1%
Aug 29.13 29.13-31.31 30.85 5.9% 20.8%
Sep 30.85 30.85-33.25 32.76 6.2% 28.3%
Oct 32.76 32.76-35.31 34.79 6.2% 36.2%
Nov 34.79 34.79-36.18 35.65 2.5% 39.6%
Dec 35.65 35.65-38.19 37.63 5.6% 47.3%
2023
Jan 37.63 36.02-37.63 36.57 -2.8% 43.2%
Feb 36.57 35.12-36.57 35.65 -2.5% 39.6%
Mar 35.65 33.77-35.65 34.28 -3.8% 34.2%
Apr 34.28 32.07-34.28 32.56 -5.0% 27.5%
May 32.56 31.94-32.92 32.43 -0.4% 27.0%
Jun 32.43 31.85-32.81 32.33 -0.3% 26.6%
Jul 32.33 32.33-34.84 34.33 6.2% 34.4%
Aug 34.33 34.33-36.38 35.84 4.4% 40.3%
Sep 35.84 34.78-35.84 35.31 -1.5% 38.3%
Oct 35.31 35.31-37.37 36.82 4.3% 44.2%
Nov 36.82 36.82-39.69 39.10 6.2% 53.1%
Dec 39.10 36.13-39.10 36.68 -6.2% 43.6%
2024
Jan 36.68 36.17-37.27 36.72 0.1% 43.8%
Feb 36.72 36.72-38.46 37.89 3.2% 48.4%
Mar 37.89 37.89-40.84 40.24 6.2% 57.6%
Apr 40.24 40.24-43.37 42.73 6.2% 67.3%
May 42.73 42.73-44.90 44.24 3.5% 73.2%

Oil Price forecast for April 2020.
In the beginning price at 25.54 Dollars. High price 36.29, low 25.45. The average for the month 29.49. The Oil Price forecast at the end of the month 30.69, change for April 20.2%.

Brent oil price forecast for May 2020.
In the beginning price at 30.69 Dollars. High price 30.69, low 28.36. The average for the month 29.63. The Oil Price forecast at the end of the month 28.79, change for May -6.2%.

Oil Price forecast for June 2020.
In the beginning price at 28.79 Dollars. High price 28.79, low 26.60. The average for the month 27.80. The Oil Price forecast at the end of the month 27.01, change for June -6.2%.

Brent oil price forecast for July 2020.
In the beginning price at 27.01 Dollars. High price 27.01, low 24.96. The average for the month 26.08. The Oil Price forecast at the end of the month 25.34, change for July -6.2%.

Oil Price forecast for August 2020.
In the beginning price at 25.34 Dollars. High price 25.34, low 23.41. The average for the month 24.47. The Oil Price forecast at the end of the month 23.77, change for August -6.2%.

Brent oil price forecast for September 2020.
In the beginning price at 23.77 Dollars. High price 25.52, low 23.77. The average for the month 24.55. The Oil Price forecast at the end of the month 25.14, change for September 5.8%.

Oil Price forecast for October 2020.
In the beginning price at 25.14 Dollars. High price 26.45, low 25.14. The average for the month 25.70. The Oil Price forecast at the end of the month 26.06, change for October 3.7%.

Brent oil price forecast for November 2020.
In the beginning price at 26.06 Dollars. High price 26.21, low 25.43. The average for the month 25.88. The Oil Price forecast at the end of the month 25.82, change for November -0.9%.

Oil Price forecast for December 2020.
In the beginning price at 25.82 Dollars. High price 26.36, low 25.58. The average for the month 25.93. The Oil Price forecast at the end of the month 25.97, change for December 0.6%.

Brent oil price forecast for January 2021.
In the beginning price at 25.97 Dollars. High price 26.10, low 25.32. The average for the month 25.78. The Oil Price forecast at the end of the month 25.71, change for January -1.0%.

Oil Price forecast for February 2021.
In the beginning price at 25.71 Dollars. High price 25.71, low 23.76. The average for the month 24.83. The Oil Price forecast at the end of the month 24.12, change for February -6.2%.

Brent oil price forecast for March 2021.
In the beginning price at 24.12 Dollars. High price 24.78, low 24.04. The average for the month 24.34. The Oil Price forecast at the end of the month 24.41, change for March 1.2%.

Oil Price forecast for April 2021.
In the beginning price at 24.41 Dollars. High price 24.41, low 22.56. The average for the month 23.57. The Oil Price forecast at the end of the month 22.90, change for April -6.2%.

Brent oil price forecast for May 2021.
In the beginning price at 22.90 Dollars. High price 24.19, low 22.90. The average for the month 23.46. The Oil Price forecast at the end of the month 23.83, change for May 4.1%.

Oil Price forecast for June 2021.
In the beginning price at 23.83 Dollars. High price 25.69, low 23.83. The average for the month 24.67. The Oil Price forecast at the end of the month 25.31, change for June 6.2%.

Brent oil price forecast for July 2021.
In the beginning price at 25.31 Dollars. High price 26.55, low 25.31. The average for the month 25.83. The Oil Price forecast at the end of the month 26.16, change for July 3.4%.

Oil Price forecast for August 2021.
In the beginning price at 26.16 Dollars. High price 28.20, low 26.16. The average for the month 27.08. The Oil Price forecast at the end of the month 27.78, change for August 6.2%.

Brent oil price forecast for September 2021.
In the beginning price at 27.78 Dollars. High price 27.78, low 25.67. The average for the month 26.82. The Oil Price forecast at the end of the month 26.06, change for September -6.2%.

Oil Price forecast for October 2021.
In the beginning price at 26.06 Dollars. High price 26.06, low 24.07. The average for the month 25.16. The Oil Price forecast at the end of the month 24.44, change for October -6.2%.

Brent oil price forecast for November 2021.
In the beginning price at 24.44 Dollars. High price 24.44, low 22.58. The average for the month 23.60. The Oil Price forecast at the end of the month 22.92, change for November -6.2%.

Oil Price forecast for December 2021.
In the beginning price at 22.92 Dollars. High price 24.71, low 22.92. The average for the month 23.72. The Oil Price forecast at the end of the month 24.34, change for December 6.2%.

Brent oil price forecast for January 2022.
In the beginning price at 24.34 Dollars. High price 24.37, low 23.65. The average for the month 24.09. The Oil Price forecast at the end of the month 24.01, change for January -1.4%.

Oil Price forecast for February 2022.
In the beginning price at 24.01 Dollars. High price 25.88, low 24.01. The average for the month 24.85. The Oil Price forecast at the end of the month 25.50, change for February 6.2%.

Brent oil price forecast for March 2022.
In the beginning price at 25.50 Dollars. High price 27.20, low 25.50. The average for the month 26.25. The Oil Price forecast at the end of the month 26.80, change for March 5.1%.

Oil Price forecast for April 2022.
In the beginning price at 26.80 Dollars. High price 28.09, low 26.80. The average for the month 27.34. The Oil Price forecast at the end of the month 27.67, change for April 3.2%.

Brent oil price forecast for May 2022.
In the beginning price at 27.67 Dollars. High price 27.67, low 26.53. The average for the month 27.20. The Oil Price forecast at the end of the month 26.93, change for May -2.7%.

Oil Price forecast for June 2022.
In the beginning price at 26.93 Dollars. High price 28.45, low 26.93. The average for the month 27.59. The Oil Price forecast at the end of the month 28.03, change for June 4.1%.

Brent oil price forecast for July 2022.
In the beginning price at 28.03 Dollars. High price 29.57, low 28.03. The average for the month 28.69. The Oil Price forecast at the end of the month 29.13, change for July 3.9%.

Oil Price forecast for August 2022.
In the beginning price at 29.13 Dollars. High price 31.31, low 29.13. The average for the month 30.11. The Oil Price forecast at the end of the month 30.85, change for August 5.9%.

Brent oil price forecast for September 2022.
In the beginning price at 30.85 Dollars. High price 33.25, low 30.85. The average for the month 31.93. The Oil Price forecast at the end of the month 32.76, change for September 6.2%.

Oil Price forecast for October 2022.
In the beginning price at 32.76 Dollars. High price 35.31, low 32.76. The average for the month 33.91. The Oil Price forecast at the end of the month 34.79, change for October 6.2%.

Brent oil price forecast for November 2022.
In the beginning price at 34.79 Dollars. High price 36.18, low 34.79. The average for the month 35.35. The Oil Price forecast at the end of the month 35.65, change for November 2.5%.

Oil Price forecast for December 2022.
In the beginning price at 35.65 Dollars. High price 38.19, low 35.65. The average for the month 36.78. The Oil Price forecast at the end of the month 37.63, change for December 5.6%.

Brent oil price forecast for January 2023.
In the beginning price at 37.63 Dollars. High price 37.63, low 36.02. The average for the month 36.96. The Oil Price forecast at the end of the month 36.57, change for January -2.8%.

Oil Price forecast for February 2023.
In the beginning price at 36.57 Dollars. High price 36.57, low 35.12. The average for the month 35.98. The Oil Price forecast at the end of the month 35.65, change for February -2.5%.

Brent oil price forecast for March 2023.
In the beginning price at 35.65 Dollars. High price 35.65, low 33.77. The average for the month 34.84. The Oil Price forecast at the end of the month 34.28, change for March -3.8%.

Oil Price forecast for April 2023.
In the beginning price at 34.28 Dollars. High price 34.28, low 32.07. The average for the month 33.30. The Oil Price forecast at the end of the month 32.56, change for April -5.0%.

Brent oil price forecast for May 2023.
In the beginning price at 32.56 Dollars. High price 32.92, low 31.94. The average for the month 32.46. The Oil Price forecast at the end of the month 32.43, change for May -0.4%.

Oil Price forecast for June 2023.
In the beginning price at 32.43 Dollars. High price 32.81, low 31.85. The average for the month 32.36. The Oil Price forecast at the end of the month 32.33, change for June -0.3%.

Brent oil price forecast for July 2023.
In the beginning price at 32.33 Dollars. High price 34.84, low 32.33. The average for the month 33.46. The Oil Price forecast at the end of the month 34.33, change for July 6.2%.

Oil Price forecast for August 2023.
In the beginning price at 34.33 Dollars. High price 36.38, low 34.33. The average for the month 35.22. The Oil Price forecast at the end of the month 35.84, change for August 4.4%.

Brent oil price forecast for September 2023.
In the beginning price at 35.84 Dollars. High price 35.84, low 34.78. The average for the month 35.44. The Oil Price forecast at the end of the month 35.31, change for September -1.5%.

Oil Price forecast for October 2023.
In the beginning price at 35.31 Dollars. High price 37.37, low 35.31. The average for the month 36.20. The Oil Price forecast at the end of the month 36.82, change for October 4.3%.

Brent oil price forecast for November 2023.
In the beginning price at 36.82 Dollars. High price 39.69, low 36.82. The average for the month 38.11. The Oil Price forecast at the end of the month 39.10, change for November 6.2%.

Oil Price forecast for December 2023.
In the beginning price at 39.10 Dollars. High price 39.10, low 36.13. The average for the month 37.75. The Oil Price forecast at the end of the month 36.68, change for December -6.2%.

Brent oil price forecast for January 2024.
In the beginning price at 36.68 Dollars. High price 37.27, low 36.17. The average for the month 36.71. The Oil Price forecast at the end of the month 36.72, change for January 0.1%.

Oil Price forecast for February 2024.
In the beginning price at 36.72 Dollars. High price 38.46, low 36.72. The average for the month 37.45. The Oil Price forecast at the end of the month 37.89, change for February 3.2%.

Brent oil price forecast for March 2024.
In the beginning price at 37.89 Dollars. High price 40.84, low 37.89. The average for the month 39.22. The Oil Price forecast at the end of the month 40.24, change for March 6.2%.

Oil Price forecast for April 2024.
In the beginning price at 40.24 Dollars. High price 43.37, low 40.24. The average for the month 41.65. The Oil Price forecast at the end of the month 42.73, change for April 6.2%.

Brent oil price forecast for May 2024.
In the beginning price at 42.73 Dollars. High price 44.90, low 42.73. The average for the month 43.65. The Oil Price forecast at the end of the month 44.24, change for May 3.5%.

WTI Oil Price Today.

Actual American WTI Oil Price equal to 26.72 Dollars per 1 barrell. Today’s range: 26.29-27.24. Previous day close: 26.08. Change for today +0.64, +2.45%.

Recent changes:

Period 2 Days 3 Days 1 Week 2 Weeks 1 Month
Chng,% -7.86% +7.96% +32.94% +9.82% -35.72%
Ex-Rate 29.00 24.75 20.10 24.33 41.57

WTI Oil Price Forecast For 2020, 2021, 2022, 2023 And 2024

Month Open Low-High Close Mo,% Total,%
2020
Apr 21.20 20.76-29.13 22.80 7.5% 7.5%
May 22.80 21.07-22.80 21.39 -6.2% 0.9%
Jun 21.39 19.76-21.39 20.06 -6.2% -5.4%
Jul 20.06 18.54-20.06 18.82 -6.2% -11.2%
Aug 18.82 17.39-18.82 17.65 -6.2% -16.7%
Sep 17.65 17.65-19.02 18.74 6.2% -11.6%
Oct 18.74 18.74-19.37 19.08 1.8% -10.0%
Nov 19.08 18.83-19.41 19.12 0.2% -9.8%
Dec 19.12 18.46-19.12 18.74 -2.0% -11.6%
2021
Jan 18.74 18.69-19.25 18.97 1.2% -10.5%
Feb 18.97 17.52-18.97 17.79 -6.2% -16.1%
Mar 17.79 17.79-19.17 18.89 6.2% -10.9%
Apr 18.89 17.45-18.89 17.72 -6.2% -16.4%
May 17.72 17.72-19.01 18.73 5.7% -11.7%
Jun 18.73 18.73-20.19 19.89 6.2% -6.2%
Jul 19.89 19.73-20.33 20.03 0.7% -5.5%
Aug 20.03 20.03-21.59 21.27 6.2% 0.3%
Sep 21.27 19.65-21.27 19.95 -6.2% -5.9%
Oct 19.95 18.43-19.95 18.71 -6.2% -11.7%
Nov 18.71 17.29-18.71 17.55 -6.2% -17.2%
Dec 17.55 17.55-18.92 18.64 6.2% -12.1%
2022
Jan 18.64 17.44-18.64 17.71 -5.0% -16.5%
Feb 17.71 17.71-19.09 18.81 6.2% -11.3%
Mar 18.81 18.81-19.74 19.45 3.4% -8.3%
Apr 19.45 19.45-20.97 20.66 6.2% -2.5%
Month Open Low-High Close Mo,% Total,%
2022 Continuation
May 20.66 19.09-20.66 19.38 -6.2% -8.6%
Jun 19.38 19.38-20.89 20.58 6.2% -2.9%
Jul 20.58 20.58-21.71 21.39 3.9% 0.9%
Aug 21.39 21.39-23.06 22.72 6.2% 7.2%
Sep 22.72 22.72-24.25 23.89 5.1% 12.7%
Oct 23.89 23.89-25.75 25.37 6.2% 19.7%
Nov 25.37 24.25-25.37 24.62 -3.0% 16.1%
Dec 24.62 24.62-26.32 25.93 5.3% 22.3%
2023
Jan 25.93 24.71-25.93 25.09 -3.2% 18.3%
Feb 25.09 24.27-25.09 24.64 -1.8% 16.2%
Mar 24.64 23.28-24.64 23.63 -4.1% 11.5%
Apr 23.63 22.02-23.63 22.36 -5.4% 5.5%
May 22.36 22.08-22.76 22.42 0.3% 5.8%
Jun 22.42 21.97-22.63 22.30 -0.5% 5.2%
Jul 22.30 22.30-24.04 23.68 6.2% 11.7%
Aug 23.68 23.68-25.25 24.88 5.1% 17.4%
Sep 24.88 23.85-24.88 24.21 -2.7% 14.2%
Oct 24.21 24.21-26.10 25.71 6.2% 21.3%
Nov 25.71 25.71-27.71 27.30 6.2% 28.8%
Dec 27.30 25.23-27.30 25.61 -6.2% 20.8%
2024
Jan 25.61 25.00-25.76 25.38 -0.9% 19.7%
Feb 25.38 25.38-27.35 26.95 6.2% 27.1%
Mar 26.95 26.95-29.05 28.62 6.2% 35.0%
Apr 28.62 28.62-30.85 30.39 6.2% 43.3%
May 30.39 30.05-30.97 30.51 0.4% 43.9%

Oil Price forecast for April 2020.
In the beginning price at 21.20 Dollars. High price 29.13, low 20.76. The average for the month 23.47. The Oil Price forecast at the end of the month 22.80, change for April 7.5%.

WTI oil price forecast for May 2020.
In the beginning price at 22.80 Dollars. High price 22.80, low 21.07. The average for the month 22.02. The Oil Price forecast at the end of the month 21.39, change for May -6.2%.

Oil Price forecast for June 2020.
In the beginning price at 21.39 Dollars. High price 21.39, low 19.76. The average for the month 20.65. The Oil Price forecast at the end of the month 20.06, change for June -6.2%.

WTI oil price forecast for July 2020.
In the beginning price at 20.06 Dollars. High price 20.06, low 18.54. The average for the month 19.37. The Oil Price forecast at the end of the month 18.82, change for July -6.2%.

Oil Price forecast for August 2020.
In the beginning price at 18.82 Dollars. High price 18.82, low 17.39. The average for the month 18.17. The Oil Price forecast at the end of the month 17.65, change for August -6.2%.

WTI oil price forecast for September 2020.
In the beginning price at 17.65 Dollars. High price 19.02, low 17.65. The average for the month 18.27. The Oil Price forecast at the end of the month 18.74, change for September 6.2%.

Oil Price forecast for October 2020.
In the beginning price at 18.74 Dollars. High price 19.37, low 18.74. The average for the month 18.98. The Oil Price forecast at the end of the month 19.08, change for October 1.8%.

WTI oil price forecast for November 2020.
In the beginning price at 19.08 Dollars. High price 19.41, low 18.83. The average for the month 19.11. The Oil Price forecast at the end of the month 19.12, change for November 0.2%.

Oil Price forecast for December 2020.
In the beginning price at 19.12 Dollars. High price 19.12, low 18.46. The average for the month 18.86. The Oil Price forecast at the end of the month 18.74, change for December -2.0%.

WTI oil price forecast for January 2021.
In the beginning price at 18.74 Dollars. High price 19.25, low 18.69. The average for the month 18.91. The Oil Price forecast at the end of the month 18.97, change for January 1.2%.

Oil Price forecast for February 2021.
In the beginning price at 18.97 Dollars. High price 18.97, low 17.52. The average for the month 18.31. The Oil Price forecast at the end of the month 17.79, change for February -6.2%.

WTI oil price forecast for March 2021.
In the beginning price at 17.79 Dollars. High price 19.17, low 17.79. The average for the month 18.41. The Oil Price forecast at the end of the month 18.89, change for March 6.2%.

Oil Price forecast for April 2021.
In the beginning price at 18.89 Dollars. High price 18.89, low 17.45. The average for the month 18.24. The Oil Price forecast at the end of the month 17.72, change for April -6.2%.

WTI oil price forecast for May 2021.
In the beginning price at 17.72 Dollars. High price 19.01, low 17.72. The average for the month 18.30. The Oil Price forecast at the end of the month 18.73, change for May 5.7%.

Oil Price forecast for June 2021.
In the beginning price at 18.73 Dollars. High price 20.19, low 18.73. The average for the month 19.39. The Oil Price forecast at the end of the month 19.89, change for June 6.2%.

WTI oil price forecast for July 2021.
In the beginning price at 19.89 Dollars. High price 20.33, low 19.73. The average for the month 20.00. The Oil Price forecast at the end of the month 20.03, change for July 0.7%.

Oil Price forecast for August 2021.
In the beginning price at 20.03 Dollars. High price 21.59, low 20.03. The average for the month 20.73. The Oil Price forecast at the end of the month 21.27, change for August 6.2%.

WTI oil price forecast for September 2021.
In the beginning price at 21.27 Dollars. High price 21.27, low 19.65. The average for the month 20.54. The Oil Price forecast at the end of the month 19.95, change for September -6.2%.

Oil Price forecast for October 2021.
In the beginning price at 19.95 Dollars. High price 19.95, low 18.43. The average for the month 19.26. The Oil Price forecast at the end of the month 18.71, change for October -6.2%.

WTI oil price forecast for November 2021.
In the beginning price at 18.71 Dollars. High price 18.71, low 17.29. The average for the month 18.07. The Oil Price forecast at the end of the month 17.55, change for November -6.2%.

Oil Price forecast for December 2021.
In the beginning price at 17.55 Dollars. High price 18.92, low 17.55. The average for the month 18.17. The Oil Price forecast at the end of the month 18.64, change for December 6.2%.

WTI oil price forecast for January 2022.
In the beginning price at 18.64 Dollars. High price 18.64, low 17.44. The average for the month 18.11. The Oil Price forecast at the end of the month 17.71, change for January -5.0%.

Oil Price forecast for February 2022.
In the beginning price at 17.71 Dollars. High price 19.09, low 17.71. The average for the month 18.33. The Oil Price forecast at the end of the month 18.81, change for February 6.2%.

WTI oil price forecast for March 2022.
In the beginning price at 18.81 Dollars. High price 19.74, low 18.81. The average for the month 19.20. The Oil Price forecast at the end of the month 19.45, change for March 3.4%.

Oil Price forecast for April 2022.
In the beginning price at 19.45 Dollars. High price 20.97, low 19.45. The average for the month 20.13. The Oil Price forecast at the end of the month 20.66, change for April 6.2%.

WTI oil price forecast for May 2022.
In the beginning price at 20.66 Dollars. High price 20.66, low 19.09. The average for the month 19.95. The Oil Price forecast at the end of the month 19.38, change for May -6.2%.

Oil Price forecast for June 2022.
In the beginning price at 19.38 Dollars. High price 20.89, low 19.38. The average for the month 20.06. The Oil Price forecast at the end of the month 20.58, change for June 6.2%.

WTI oil price forecast for July 2022.
In the beginning price at 20.58 Dollars. High price 21.71, low 20.58. The average for the month 21.07. The Oil Price forecast at the end of the month 21.39, change for July 3.9%.

Oil Price forecast for August 2022.
In the beginning price at 21.39 Dollars. High price 23.06, low 21.39. The average for the month 22.14. The Oil Price forecast at the end of the month 22.72, change for August 6.2%.

WTI oil price forecast for September 2022.
In the beginning price at 22.72 Dollars. High price 24.25, low 22.72. The average for the month 23.40. The Oil Price forecast at the end of the month 23.89, change for September 5.1%.

Oil Price forecast for October 2022.
In the beginning price at 23.89 Dollars. High price 25.75, low 23.89. The average for the month 24.73. The Oil Price forecast at the end of the month 25.37, change for October 6.2%.

WTI oil price forecast for November 2022.
In the beginning price at 25.37 Dollars. High price 25.37, low 24.25. The average for the month 24.90. The Oil Price forecast at the end of the month 24.62, change for November -3.0%.

Oil Price forecast for December 2022.
In the beginning price at 24.62 Dollars. High price 26.32, low 24.62. The average for the month 25.37. The Oil Price forecast at the end of the month 25.93, change for December 5.3%.

WTI oil price forecast for January 2023.
In the beginning price at 25.93 Dollars. High price 25.93, low 24.71. The average for the month 25.42. The Oil Price forecast at the end of the month 25.09, change for January -3.2%.

Oil Price forecast for February 2023.
In the beginning price at 25.09 Dollars. High price 25.09, low 24.27. The average for the month 24.77. The Oil Price forecast at the end of the month 24.64, change for February -1.8%.

WTI oil price forecast for March 2023.
In the beginning price at 24.64 Dollars. High price 24.64, low 23.28. The average for the month 24.05. The Oil Price forecast at the end of the month 23.63, change for March -4.1%.

Oil Price forecast for April 2023.
In the beginning price at 23.63 Dollars. High price 23.63, low 22.02. The average for the month 22.91. The Oil Price forecast at the end of the month 22.36, change for April -5.4%.

WTI oil price forecast for May 2023.
In the beginning price at 22.36 Dollars. High price 22.76, low 22.08. The average for the month 22.41. The Oil Price forecast at the end of the month 22.42, change for May 0.3%.

Oil Price forecast for June 2023.
In the beginning price at 22.42 Dollars. High price 22.63, low 21.97. The average for the month 22.33. The Oil Price forecast at the end of the month 22.30, change for June -0.5%.

WTI oil price forecast for July 2023.
In the beginning price at 22.30 Dollars. High price 24.04, low 22.30. The average for the month 23.08. The Oil Price forecast at the end of the month 23.68, change for July 6.2%.

Oil Price forecast for August 2023.
In the beginning price at 23.68 Dollars. High price 25.25, low 23.68. The average for the month 24.37. The Oil Price forecast at the end of the month 24.88, change for August 5.1%.

WTI oil price forecast for September 2023.
In the beginning price at 24.88 Dollars. High price 24.88, low 23.85. The average for the month 24.46. The Oil Price forecast at the end of the month 24.21, change for September -2.7%.

Oil Price forecast for October 2023.
In the beginning price at 24.21 Dollars. High price 26.10, low 24.21. The average for the month 25.06. The Oil Price forecast at the end of the month 25.71, change for October 6.2%.

WTI oil price forecast for November 2023.
In the beginning price at 25.71 Dollars. High price 27.71, low 25.71. The average for the month 26.61. The Oil Price forecast at the end of the month 27.30, change for November 6.2%.

Oil Price forecast for December 2023.
In the beginning price at 27.30 Dollars. High price 27.30, low 25.23. The average for the month 26.36. The Oil Price forecast at the end of the month 25.61, change for December -6.2%.

WTI oil price forecast for January 2024.
In the beginning price at 25.61 Dollars. High price 25.76, low 25.00. The average for the month 25.44. The Oil Price forecast at the end of the month 25.38, change for January -0.9%.

Oil Price forecast for February 2024.
In the beginning price at 25.38 Dollars. High price 27.35, low 25.38. The average for the month 26.27. The Oil Price forecast at the end of the month 26.95, change for February 6.2%.

WTI oil price forecast for March 2024.
In the beginning price at 26.95 Dollars. High price 29.05, low 26.95. The average for the month 27.89. The Oil Price forecast at the end of the month 28.62, change for March 6.2%.

Oil Price forecast for April 2024.
In the beginning price at 28.62 Dollars. High price 30.85, low 28.62. The average for the month 29.62. The Oil Price forecast at the end of the month 30.39, change for April 6.2%.

WTI oil price forecast for May 2024.
In the beginning price at 30.39 Dollars. High price 30.97, low 30.05. The average for the month 30.48. The Oil Price forecast at the end of the month 30.51, change for May 0.4%.

All forecasts are updated on daily basis. Only mortgage rates forecast and history are updated weekly.

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Commodity Report: Gold Price Forecast [Video]

Gold prices hit a more than seven-year high on Monday as a stock market rout on concerns over the widening coronavirus outbreak and its economic impact drove investors to safe-haven assets, although profit taking later unwound much of the metal’s rise.

Gold touched its highest since December 2020 at $1,702 before being knocked back to stand 0.5% lower at $1,657 per ounce.

Part of the selling was because of the need to meet margin calls as the fast-spreading virus landed a sharp blow on global equities.

Wall Street’s main stock indexes plummeted about 5% as a slump in oil prices and the rapid spread of the coronavirus amplified fears of a global recession.

Oil prices dived by a third, its biggest daily rout since the 1991 Gulf War, as Saudi Arabia and Russia indicated they would increase supply to an oversupplied market.

Investor focus next turns to the European Central Bank meeting due on Thursday and the U.S. Federal Reserve’s policy meeting on March 18.

Where are commodity prices heading next? Watch Phil Carr at The Gold & Silver Club review Gold, Silver and Crude Oil with the latest price forecast and predictions.

Trading has large potential rewards, but also large potential risk and may not be suitable for all investors. The value of your investments and income may go down as well as up. You should not speculate with capital that you cannot afford to lose. Ensure you fully understand the risks and seek independent advice if necessary.

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GBP/USD approaches 1.2400 despite uncertainty

With UK PM Johnson in the ICU and Gove in self-isolation, concerns mount about who’s leading the kingdom within this crisis. GBP/USD up as the market keeps dumping the dollar in benefit of high-yielding assets.

EUR/USD extends advance beyond 1.0900

The pair continues to advance amid decreased demand for the greenback on a more risk-friendly market. New US fiscal stimulus is also eyed.

Crypto starship starts the engines, pointing beyond limits

The bullish scenarios are fulfilled and bring the Top 3 to the launch pad. Ether’s dominance shoots up and improves by more than 10% in a single day. The movement shows strong potential not seen since the 2020 bump.

Gold corrects from multi-week tops, slides further below $1650 level

Gold finally broke down of its Asian session consolidation phase and dropped to fresh session lows, around the $1645 region in the last hour.

WTI stays relatively calm near $27 as markets wait for fresh clues on output cuts

Crude oil prices started the week on the back foot with the barrel of West Texas Intermediate (WTI) erasing 8.75% on a daily basis to close at $26.28.

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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

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