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  2. US oil prices hit a seven-month high this week amidst rising geopolitical risks and falling inventories. Bank of America forecasts Brent and WTI will average $86 and $81 per barrel this year, and both peak around $95 in summer.
    markets.businessinsider.com/news/commodities/oil-price-outlook-forecast-increase-brent-wti-crude-summer-bofa-2024-4
    markets.businessinsider.com/news/commodities/oil-price-outlook-forecast-incre…
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    Why did oil prices hit a 7-month high this week?US oil prices hit a seven-month high this week amidst rising geopolitical risks and falling inventories. Bank of America forecasts Brent and WTI will average $86 and $81 per barrel this year, and both peak around $95 in summer.
    What is the oil price forecast in 1 week?In 1 week Oil price forecast on Wednesday, May, 29: 80.36 Dollars, maximum 84.38, minimum 76.34. Brent oil price forecast on Thursday, May, 30: 80.56 Dollars, maximum 84.59, minimum 76.53. Oil price forecast on Friday, May, 31: 79.88 Dollars, maximum 83.87, minimum 75.89.
    Are oil-price forecasts wrong?When looking for oil-price predictions, it's important to remember that analysts' forecasts may be wrong. This is because their projections are based on a fundamental and technical study of WTI and Brent oil commodities’ historical price movements. But past performance and forecast are not reliable indicators of future results.
    Will crude oil prices rise in 2024?The WTI and Brent crude oil prices were forecasted to stagnate in the first part of the year and increase in the second part of 2024, reflecting EIA's and IEA's expectations of tightening balances in global oil markets. With new developments in the past weeks, what are the latest Q2 crude oil price predictions?
     
  4. WebGet live data and comprehensive price action on WTI Crude and Brent Crude patterns. See the latest news, analysis and forecasts for crude oil trading and investment.

     
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