Analysts explained why oil will jump to $80 per barrel

The current price for the world's main brand of oil, Brent, is 68.31 per barrel. Today the price is trading in the range: 68.27-69.16. Price at the end of the previous day: 68.65. Change for today -$0.34, -0.50%. The price of American WTI oil is here.

68.31 -0.50%

Recent changes:

Period2 days3 daysA week2 weeks1 month
Change,%-0.18%+2.37%+2.52%-0.89%+3.83%
Price68.4366.7366.6368.9265.79

Oil price online.

Dollar exchange rate forecast for the month and 2021-2024.

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Trump juggles incentives

Donald Trump, a few hours after his decision to stop stimulus negotiations, outlined on Twitter a number of stimulus measures that he is ready to sign if they are not linked to broader negotiations and are passed separately. The measures include $1,200 payments to Americans, $25 billion in aid for airlines to keep up with payrolls, and a $135 billion small business aid package. The relief package could be delayed until January or February, when the new Congress takes office, meaning unemployed Americans and small businesses may have to go without additional support for four to five months. Speaker of the House of Representatives Nancy Pelosi, during a telephone conversation with Treasury Secretary Steven Mnuchin on Wednesday, announced her readiness to pass a separate bill to help airlines.

Quotes for all popular trading instruments

On this page, visitors to our site can see forex quotes not only for currency pairs involving the US dollar and other common currencies, but also for futures, indices, stocks and other stock assets. Moreover, this list is not exhaustive and includes cryptocurrencies, metals, oil, gas and a number of other trading instruments. Real quotes are presented in the form of a convenient and informative online table. Thanks to the intuitive interface, even a novice Forex trader can easily find out the current quotes for the required asset.

Oil price forecast for 2021, 2022, 2023, 2024 and 2025

MonthStartMin-MaxEndMonths,%Total,%
2021
May64.761.3-73.272.111.4%11.4%
Jun72.172.1-77.176.05.4%17.5%
Jul76.076.0-78.977.72.2%20.1%
Aug77.777.7-83.782.56.2%27.5%
Sep82.582.5-88.987.66.2%35.4%
Oct87.687.6-94.493.06.2%43.7%
But I93.093.0-100.398.86.2%52.7%
Dec98.891.3-98.892.7-6.2%43.3%
2022
Jan92.785.7-92.787.0-6.1%34.5%
Feb87.087.0-93.792.36.1%42.7%
Mar92.392.3-96.394.92.8%46.7%
Apr94.994.9-102.3100.86.2%55.8%
May100.8100.8-108.6107.06.2%65.4%
Jun107.0107.0-113.3111.64.3%72.5%
Jul111.6103.1-111.6104.7-6.2%61.8%
Aug104.796.7-104.798.2-6.2%51.8%
Sep98.290.7-98.292.1-6.2%42.3%
Oct92.192.1-98.997.45.8%50.5%
But I97.497.4-102.5101.03.7%56.1%
Dec101.098.6-101.6100.1-0.9%54.7%
2023
Jan100.199.2-102.2100.70.6%55.6%
Feb100.798.2-101.299.7-1.0%54.1%
Mar99.792.1-99.793.5-6.2%44.5%
Apr93.593.2-96.094.61.2%46.2%
May94.687.4-94.688.7-6.2%37.1%
MonthStartMin-MaxEndMonths,%Total,%
2023 Continued
Jun88.788.7-93.792.34.1%42.7%
Jul92.392.3-99.598.06.2%51.5%
Aug98.098.0-102.8101.33.4%56.6%
Sep101.3101.3-109.2107.66.2%66.3%
Oct107.699.4-107.6100.9-6.2%56.0%
But I100.993.2-100.994.6-6.2%46.2%
Dec94.687.4-94.688.7-6.2%37.1%
2024
Jan88.788.7-95.694.26.2%45.6%
Feb94.291.5-94.392.9-1.4%43.6%
Mar92.992.9-100.298.76.2%52.6%
Apr98.798.7-105.3103.75.1%60.3%
May103.7103.7-108.7107.13.3%65.5%
Jun107.1102.6-107.1104.2-2.7%61.1%
Jul104.2104.2-110.0108.44.0%67.5%
Aug108.4108.4-114.4112.74.0%74.2%
Sep112.7112.7-121.1119.35.9%84.4%
Oct119.3119.3-128.6126.76.2%95.8%
But I126.7126.7-136.6134.66.2%108.0%
Dec134.6134.6-140.0137.92.5%113.1%
2025
Jan137.9137.9-147.8145.65.6%125.0%
Feb145.6139.4-145.6141.5-2.8%118.7%
Mar141.5135.8-141.5137.9-2.5%113.1%
Apr137.9130.6-137.9132.6-3.8%104.9%
May132.6124.1-132.6126.0-5.0%94.7%
Jun126.0123.6-127.4125.5-0.4%94.0%

Oil price for May 2021 . At the beginning of the month 64.7 dollars. Maximum price 73.2, minimum 61.3. The average price for the month is 67.8. Oil price forecast for the end of the month is 72.1, change for May is 11.4%.

Oil price forecast for June 2021 . At the beginning of the month 72.1 dollars. Maximum price 77.1, minimum 72.1. Average price per month 74.3. Oil price forecast at the end of the month is 76.0, change for June 5.4%.

Oil price for July 2021 . At the beginning of the month 76.0 dollars. Maximum price 78.9, minimum 76.0. Average price per month 77.2. Oil price forecast for the end of the month is 77.7, change for July is 2.2%.

Oil price forecast for August 2021 . At the beginning of the month 77.7 dollars. The maximum price is 83.7, the minimum is 77.7. Average price per month 80.4. Oil price forecast for the end of the month is 82.5, change for August is 6.2%.

Oil price for September 2021 . At the beginning of the month 82.5 dollars. The maximum price is 88.9, the minimum is 82.5. Average price per month 85.4. Oil price forecast at the end of the month 87.6, change for September 6.2%.

Euro exchange rate forecast for tomorrow, week, month and 2021-2024.

Oil price forecast for October 2021 . At the beginning of the month 87.6 dollars. The maximum price is 94.4, the minimum is 87.6. The average price for the month is 90.7. Oil price forecast at the end of the month 93.0, change for October 6.2%.

Oil price for November 2021 . At the beginning of the month 93.0 dollars. The maximum price is 100.3, the minimum is 93.0. Average price per month 96.3. Oil price forecast for the end of the month 98.8, change for November 6.2%.

Oil price forecast for December 2021 . At the beginning of the month 98.8 dollars. The maximum price is 98.8, the minimum is 91.3. Average price per month 95.4. Oil price forecast for the end of the month is 92.7, change for December -6.2%.

Oil price for January 2022 . At the beginning of the month 92.7 dollars. The maximum price is 92.7, the minimum is 85.7. The average price for the month is 89.5. Oil price forecast for the end of the month is 87.0, change for January -6.1%.

Oil price forecast for February 2022 . At the beginning of the month 87.0 dollars. The maximum price is 93.7, the minimum is 87.0. Average price per month 90.0. Oil price forecast for the end of the month is 92.3, change for February 6.1%.

Oil price for March 2022 . At the beginning of the month 92.3 dollars. Maximum price 96.3, minimum 92.3. The average price for the month is 94.0. Oil price forecast for the end of the month is 94.9, change for March 2.8%.

Oil price forecast for April 2022 . At the beginning of the month 94.9 dollars. The maximum price is 102.3, the minimum is 94.9. Average price per month 98.2. Oil price forecast at the end of the month is 100.8, change for April 6.2%.

Oil price for May 2022 . At the beginning of the month 100.8 dollars. The maximum price is 108.6, the minimum is 100.8. Average price per month 104.3. Oil price forecast at the end of the month 107.0, change for May 6.2%.

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WTI Oil Price Forecast for 2021, 2022, 2023, 2024 and 2025.

MonthStartMin-MaxEndMonths,%Total,%
2021
May61.257.6-71.470.314.9%14.9%
Jun70.370.3-75.874.76.3%22.1%
Jul74.774.7-77.176.01.7%24.2%
Aug76.076.0-81.980.76.2%31.9%
Sep80.780.7-87.085.76.2%40.0%
Oct85.785.7-92.491.06.2%48.7%
But I91.091.0-98.096.66.2%57.8%
Dec96.689.2-96.690.6-6.2%48.0%
2022
Jan90.683.7-90.685.0-6.2%38.9%
Feb85.085.0-91.790.36.2%47.5%
Mar90.390.3-93.391.91.8%50.2%
Apr91.991.9-99.197.66.2%59.5%
May97.697.6-105.3103.76.3%69.4%
Jun103.795.8-103.797.3-6.2%59.0%
Jul97.389.9-97.391.3-6.2%49.2%
Aug91.384.3-91.385.6-6.2%39.9%
Sep85.679.1-85.680.3-6.2%31.2%
Oct80.380.3-86.685.36.2%39.4%
But I85.385.3-88.286.91.9%42.0%
Dec86.985.8-88.487.10.2%42.3%
2023
Jan87.184.1-87.185.4-2.0%39.5%
Feb85.485.2-87.886.51.3%41.3%
Mar86.579.9-86.581.1-6.2%32.5%
Apr81.181.1-87.486.16.2%40.7%
May86.179.6-86.180.8-6.2%32.0%
MonthStartMin-MaxEndMonths,%Total,%
2023 Continued
Jun80.880.8-86.785.45.7%39.5%
Jul85.485.4-92.190.76.2%48.2%
Aug90.789.9-92.791.30.7%49.2%
Sep91.391.3-98.597.06.2%58.5%
Oct97.089.6-97.091.0-6.2%48.7%
But I91.084.1-91.085.4-6.2%39.5%
Dec85.478.9-85.480.1-6.2%30.9%
2024
Jan80.180.1-86.485.16.2%39.1%
Feb85.179.6-85.180.8-5.1%32.0%
Mar80.880.8-87.185.86.2%40.2%
Apr85.885.8-90.088.73.4%44.9%
May88.788.7-95.694.26.2%53.9%
Jun94.287.1-94.288.4-6.2%44.4%
Jul88.488.4-95.393.96.2%53.4%
Aug93.993.9-99.197.63.9%59.5%
Sep97.697.6-105.3103.76.3%69.4%
Oct103.7103.7-110.6109.05.1%78.1%
But I109.0109.0-117.5115.86.2%89.2%
Dec115.8110.7-115.8112.4-2.9%83.7%
2025
Jan112.4112.4-120.2118.45.3%93.5%
Feb118.4112.9-118.4114.6-3.2%87.3%
Mar114.6110.8-114.6112.5-1.8%83.8%
Apr112.5106.3-112.5107.9-4.1%76.3%
May107.9100.6-107.9102.1-5.4%66.8%
Jun102.1100.9-103.9102.40.3%67.3%

US oil price for May 2021 . At the beginning 61.2 dollars. The maximum price is 71.4, the minimum is 57.6. Average price per month 65.1. US oil price forecast for the end of the month is 70.3, change for May 14.9%.

WTI oil price for June 2021 . At the beginning 70.3 dollars. Maximum price 75.8, minimum 70.3. The average price for the month is 72.8. US oil price forecast at the end of the month is 74.7, change for June 6.3%.

US oil price for July 2021 . At the beginning 74.7 dollars. The maximum price is 77.1, the minimum is 74.7. The average price per month is 75.6. US oil price forecast for the end of the month is 76.0, change for July 1.7%.

WTI oil price for August 2021 . At the beginning 76.0 dollars. The maximum price is 81.9, the minimum is 76.0. The average price for the month is 78.7. US oil price forecast at the end of the month is 80.7, change for August is 6.2%.

US oil price for September 2021 . At the beginning 80.7 dollars. The maximum price is 87.0, the minimum is 80.7. The average price for the month is 83.5. US oil price forecast at the end of the month is 85.7, change for September 6.2%.

Gold price forecast for the month and 2021-2024.

WTI oil price for October 2021 . At the beginning 85.7 dollars. The maximum price is 92.4, the minimum is 85.7. The average price for the month is 88.7. US oil price forecast at the end of the month is 91.0, change for October 6.2%.

US oil price for November 2021 . At the beginning 91.0 dollars. Maximum price 98.0, minimum 91.0. Average price per month 94.2. US oil price forecast at the end of the month is 96.6, change for November 6.2%.

WTI oil price for December 2021 . At the beginning 96.6 dollars. The maximum price is 96.6, the minimum is 89.2. Average price per month 93.3. US oil price forecast at the end of the month is 90.6, change for December -6.2%.

US oil price for January 2022 . At the beginning 90.6 dollars. The maximum price is 90.6, the minimum is 83.7. The average price for the month is 87.5. US oil price forecast at the end of the month is 85.0, change for January -6.2%.

WTI oil price for February 2022 . At the beginning 85.0 dollars. The maximum price is 91.7, the minimum is 85.0. The average price for the month is 88.0. US oil price forecast for the end of the month is 90.3, change for February 6.2%.

US oil price for March 2022 . At the beginning 90.3 dollars. Maximum price 93.3, minimum 90.3. The average price for the month is 91.5. US oil price forecast for the end of the month is 91.9, change for March 1.8%.

WTI oil price for April 2022 . At the beginning 91.9 dollars. Maximum price 99.1, minimum 91.9. Average price per month 95.1. US oil price forecast at the end of the month is 97.6, change for April 6.2%.

US oil price for May 2022 . At the beginning 97.6 dollars. The maximum price is 105.3, the minimum is 97.6. Average price per month 101.1. US oil price forecast for the end of the month is 103.7, change for May 6.3%.

Trend lines

You probably know the classic saying: trend is your friend. It is very dangerous to fight a trend; it leaves you with headaches and sleepless nights wondering why you went against him. Sometimes the trend is not so easy to identify, but looking at charts on higher time frames can help.

Trend lines are one of the main charting tools. These lines are drawn on successive rising bottoms in bull markets (moving up from the lower left to high to the right) or subsequent lower tops in bear markets (moving down from the upper left to the right). A bullish trend is indicated by a series of higher highs and higher lows, and a bearish trend by lower highs and lower lows. Look for three good tests of support or resistance. A trend line break is an important signal that a trend is coming to an end.

Below you can see a very simple trend pattern in the crude oil futures contract. In this example we are looking at a daily chart. The key to determining whether a given move is in fact a solid bearish trend will be to look for three tests of resistance. On the far right of the chart we see a possible shift in the long-term trend. The market bounces to a key resistance point and then bounces back and forth. To indicate a change in trend, it would take two high daily candles that closed above the trend line, where the last candle was even higher than the previous daily candle.

How to change an expired contract in Kwik

Some traders who are just getting started with futures trading believe that moving from one contract to another is a difficult task. In practice, things are different.

You can solve this problem in Quik in several steps:

  1. Right-click on the chart. At the same time, a context menu appears on the screen. From the list of tasks, select the “Edit” button.
  2. In the new drop-down menu, select the “Diagram” section. After the transition is completed, click on the “Change” button. At the same time, the name of the transaction is changed. Thus, when switching from a December to a March contract, you must enter the name RIH9.
  3. Once the trader completes these steps, the trade information will change. Thus, the main chart of this asset will change, and the values ​​of indicators and other auxiliary tools will be automatically recalculated.

The changes will not affect only the order book; adjustments here must be made manually. To do this, click the “Create window” button.

When the menu opens, select “Current Trading”. Pressing this key will activate a new drop-down window “Futures FORTS”. In the search window you must enter the name of the new contract (in this case RIH9).

Now, to continue working, you need to open the “Current Trading” tab and right-click on the name of the desired contract. Here it is necessary to note “FORTS futures RIH9”. After the work has been done, you can close the old glass and work with the updated one.

Average prices table

  • by month
  • by days
  • on years
MonthPrice, USD
May 202167.94
April 202165.39
March 202164.9625
February 202162.91
January 202155.485
December 202050.365
November 202043.8525
October 202042.0775
September 202041.92
August 202045.015
July 202043.11
June 202040.7975
May 202032.3575
datePrice, USD
26.05.202168.535
25.05.202168.36500000000001
24.05.202167.53999999999999
23.05.202166.58
21.05.202165.755
20.05.202165.985
19.05.202166.88
14.05.202167.62
13.05.202167.76
12.05.202169.04
11.05.202167.94
10.05.202168.305
09.05.202168.745
07.05.202168.02000000000001
06.05.202168.65
05.05.202169.15
04.05.202168.20500000000001
03.05.202166.96
02.05.202166.745
30.04.202167.11
29.04.202167.53999999999999
23.04.202165.72999999999999
22.04.202165.205
21.04.202165.74
20.04.202166.795
19.04.202166.7
18.04.202166.695
16.04.202166.91
15.04.202166.49000000000001
14.04.202165.39
13.04.202163.685
12.04.202163.36
11.04.202163.09
09.04.202163.03
08.04.202162.905
07.04.202162.575
06.04.202163.18
05.04.202163.005
04.04.202164.53999999999999
01.04.202163.775000000000006
31.03.202163.68
30.03.202164.445
29.03.202164.175
28.03.202164.38
26.03.202163.3
25.03.202162.584999999999994
24.03.202162.519999999999996
23.03.202162.355
22.03.202164.285
21.03.202164.56
19.03.202163.510000000000005
18.03.202165.36500000000001
17.03.202167.925
16.03.202168.15
15.03.202168.925
14.03.202169.19
12.03.202169.465
11.03.202168.82
10.03.202167.46000000000001
09.03.202168.35
08.03.202169.59
07.03.202170.55
06.03.202169.36
05.03.202168.125
04.03.202165.53999999999999
03.03.202163.540000000000006
02.03.202163.31999999999999
01.03.202164.56
28.02.202164.83500000000001
27.02.202164.42
26.02.202165.715
25.02.202167.09
24.02.202166.05
23.02.202165.63
22.02.202164.125
21.02.202162.84
20.02.202162.91
19.02.202163.015
18.02.202164.37
17.02.202163.739999999999995
16.02.202163.195
15.02.202163.405
14.02.202163.125
13.02.202162.43
12.02.202161.59
11.02.202161.16
10.02.202161.28
09.02.202160.66
08.02.202160.2
07.02.202159.54
05.02.202159.43
04.02.202158.54
03.02.202158.22
02.02.202157.19
01.02.202155.56
31.01.202154.870000000000005
29.01.202155.46
28.01.202155.565
27.01.202155.565
26.01.202155.865
25.01.202155.53
24.01.202155.22
22.01.202155.254999999999995
21.01.202155.865
20.01.202156.18
19.01.202155.485
18.01.202154.85
17.01.202154.85
15.01.202155.57
14.01.202155.835
13.01.202156.595
12.01.202156.129999999999995
11.01.202155.5
10.01.202156.135000000000005
08.01.202155.0
07.01.202154.42
06.01.202154.065
05.01.202152.275000000000006
04.01.202152.03
03.01.202151.495000000000005
31.12.202051.485
30.12.202051.43
29.12.202051.325
28.12.202051.43
27.12.202051.1
24.12.202051.195
23.12.202050.395
22.12.202050.21
21.12.202050.400000000000006
20.12.202051.905
18.12.202051.805
17.12.202051.489999999999995
16.12.202050.765
15.12.202050.335
14.12.202049.965
13.12.202050.004999999999995
11.12.202050.24
10.12.202049.96
09.12.202048.974999999999994
08.12.20202 768.125
07.12.202048.915
06.12.202049.175
04.12.202049.38
03.12.202048.305
02.12.202047.79
01.12.202047.59
30.11.202047.68
29.11.202047.775
27.11.202047.900000000000006
26.11.202048.245000000000005
Data is provided for the dates on which the auction took place. Therefore, there is no data for weekends and holidays.
The table is too large to display on the screen.
YearPrice, USD
202164.15
202042.795
201963.332499999999996
201872.935
201754.53
201646.795
201553.3
2014106.745
2013108.62
2012111.0375
2011110.8625
201079.04
200967.2575
2008102.64
200770.845
200663.93
200555.065
200437.56
200328.87
200225.5
200125.47
200028.715
199917.135
199812.68
199718.785
199619.925
199516.85
199416.015
199316.995
199219.425
199119.59
199023.73
198918.23
198814.92
198718.44
198614.43
198527.56
198428.78
198329.55
198232.97
198135.93
198036.83
197931.61
197814.02
197713.92
197612.8
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