Price forecast at the end of the month.83, change for June.0. Prices are easing after traders bid them higher in response to the November 30, 2017, opec meeting. Two-thirds of new power plants will be for renewable energy, Birol said. Oil Price forecast for May 2020.
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If oil prices were to stay in a rut for longer, a scenario which the IEA said could not be ruled out, the oil price in this scenario in this case would remain close to 50/bbl until the end of 2020 before rising gradually back. High price 110.27, low 101.88. WTI oil price forecast for October 2020. Worldwide crude oil prices will average 72 a barrel in 2018 and 71/b in 2019. Prices began rising right after the opec announcement. . By April 11, 2018, it had fallen.53. In the beginning price.03 Dollars. They predict the WTI price could be anywhere between 54/b and 84/b by November 2018. Thanks to increased.S. High price.42, low.55.
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