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Crude Oil Forecast, Crude Oil Price Prediction

Is Crude Oil a Good Investment? Current price today: ▲70.500 USD (+0.142%)

▲74.330 USD

▲97.493 USD

"Should I invest in Crude Oil?" "Should I trade "CL" commodity today?" According to our Forecast System, Crude Oil is an acceptable long-term (1-year) investment*. "CL" commodity predictions are updated every 5 minutes with latest Crude Oil prices by smart technical market analysis. Q&A about "Crude Oil" exchange projections.

At zhongliwanfu.com we predict future values with technical analysis for wide selection of commodites like Crude Oil (CL). If you are looking for commodites with good return, Crude Oil can be a profitable investment option. Crude Oil price (per barrel) equal to 70.500 USD at Dec 16, 2024. Based on our forecasts, a long-term increase is expected, the "CL" commodity price prognosis for Dec 7, 2029 is 97.493 USD per barrel. With a 5-year investment, the revenue is expected to be around +38.29%. Your current $100 investment may be up to $138.29 in 2029.

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7 days forecast

24 hours forecast

Chart Pattern Recognition

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Crude Oil Forecast, Short-Term "CL" Commodity Prediction for Next Days and Weeks

CL (CL) forecast
& exchange price prediction for next days, CL future
price

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Crude Oil (CL) Forecast, Long-Term Predictions for Next Months and Year: 2023, 2024

CL (CL) price
forecast, prediction, CL future price

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Crude Oil forecast* for tomorrow, and next weeks based on the last 30 days

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Crude Oil forecast for the upcoming days

Date	Price	Min Price	Max Price
2024-12-17	Price: 70.722	Min: 69.629	Max: 71.836
2024-12-18	Price: 71.262	Min: 70.150	Max: 72.370
2024-12-19	Price: 71.243	Min: 70.084	Max: 72.385
2024-12-20	Price: 71.272	Min: 70.101	Max: 72.398
2024-12-23	Price: 70.956	Min: 69.844	Max: 72.000
2024-12-24	Price: 70.814	Min: 69.683	Max: 71.852
2024-12-25	Price: 71.353	Min: 70.241	Max: 72.491
2024-12-26	Price: 71.335	Min: 70.206	Max: 72.435
2024-12-27	Price: 71.364	Min: 70.153	Max: 72.376
2024-12-30	Price: 71.048	Min: 69.885	Max: 72.128

CL Target Price

CL price target in 14 days: 72.606 USD * upside and 69.677 USD * downside. (Highest and lowest possible predicted price in a 14 day period)

Detailed Trend Components of the Crude Oil Price Forecast & Prognosis

CL (CL) price
forecast, Foreig exchange prediction components, CL future price

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Pivot, Resistance and Support Levels

Calculation For Trading:

Resistance Level (R3): 71.370
Resistance Level (R2): 71.280
Resistance Level (R1): 71.200
Pivot Point: 71.110
Support Level (S1): 71.030
Support Level (S2): 70.940
Support Level (S3): 70.860

Bullish or Bearish?

Based on the last 30 days

Bearish

Bullish

Questions & Answers about Crude Oil Projection

What is the Crude Oil price today?

The price of Crude Oil is 70.500 USD (per barrel) today.

Will Crude Oil price grow / rise / go up?

Yes. The CL price can go up from 70.500 USD to 74.330 USD in one year.

Is it profitable to invest in Crude Oil commodity?

Yes. The long-term earning potential is +5.43% in one year.

Will CL price fall / drop?

No. See above.

What will Crude Oil price be worth in five years (2029)?

The Crude Oil ("CL" ) future price will be 97.493 USD.

Will CL price crash?

According to our analysis, this will not happen.

Will Crude Oil price hit 100 USD price in a year?

Not within a year. See above.

Will Crude Oil price hit 200 USD price in a year?

Not within a year. See above.

Will Crude Oil price hit 500 USD price in a year?

Not within a year. See above.

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Crude Oil (CL) Price Prediction (per barrel), Forecast for next months and years

Below you will find the price predictions for 2023, 2024, 2025, 2026, 2027, 2028.

	Date	Opening price	Closing price	Minimum price	Maximum price	Change
Crude Oil Price Forecast for 2025	January 2025	Open: 70.319	Close: 71.292	Min: 70.319	Max: 71.433	Change: 1.36 % ▲
Crude Oil Price Forecast for 2025	February 2025	Open: 71.341	Close: 75.511	Min: 71.303	Max: 75.511	Change: 5.52 % ▲
Crude Oil Price Forecast for 2025	March 2025	Open: 76.006	Close: 76.787	Min: 75.844	Max: 76.787	Change: 1.02 % ▲
Crude Oil Price Forecast for 2025	April 2025	Open: 76.905	Close: 77.509	Min: 76.905	Max: 78.848	Change: 0.78 % ▲
Crude Oil Price Forecast for 2025	May 2025	Open: 77.589	Close: 80.725	Min: 77.421	Max: 80.812	Change: 3.88 % ▲
Crude Oil Price Forecast for 2025	June 2025	Open: 80.857	Close: 82.078	Min: 80.821	Max: 82.078	Change: 1.49 % ▲
Crude Oil Price Forecast for 2025	July 2025	Open: 82.038	Close: 80.780	Min: 80.757	Max: 82.226	Change: -1.56 %▼
Crude Oil Price Forecast for 2025	August 2025	Open: 80.532	Close: 79.484	Min: 79.081	Max: 80.532	Change: -1.32 %▼
Crude Oil Price Forecast for 2025	September 2025	Open: 79.645	Close: 79.201	Min: 79.123	Max: 79.832	Change: -0.56 %▼
Crude Oil Price Forecast for 2025	October 2025	Open: 79.268	Close: 77.614	Min: 77.614	Max: 79.520	Change: -2.13 %▼
Crude Oil Price Forecast for 2025	November 2025	Open: 77.431	Close: 74.825	Min: 74.825	Max: 77.431	Change: -3.48 %▼
Crude Oil Price Forecast for 2025	December 2025	Open: 74.498	Close: 76.078	Min: 74.092	Max: 76.078	Change: 2.08 % ▲
Crude Oil Price Forecast for 2026	January 2026	Open: 76.277	Close: 77.140	Min: 76.204	Max: 77.283	Change: 1.12 % ▲
Crude Oil Price Forecast for 2026	February 2026	Open: 77.171	Close: 81.110	Min: 77.122	Max: 81.110	Change: 4.86 % ▲
Crude Oil Price Forecast for 2026	March 2026	Open: 81.679	Close: 82.529	Min: 81.679	Max: 82.529	Change: 1.03 % ▲
Crude Oil Price Forecast for 2026	April 2026	Open: 82.744	Close: 83.498	Min: 82.744	Max: 84.728	Change: 0.9 % ▲
Crude Oil Price Forecast for 2026	May 2026	Open: 83.306	Close: 86.504	Min: 83.263	Max: 86.578	Change: 3.7 % ▲
Crude Oil Price Forecast for 2026	June 2026	Open: 86.666	Close: 87.857	Min: 86.636	Max: 87.888	Change: 1.36 % ▲
Crude Oil Price Forecast for 2026	July 2026	Open: 87.918	Close: 86.513	Min: 86.513	Max: 88.062	Change: -1.62 %▼
Crude Oil Price Forecast for 2026	August 2026	Open: 86.207	Close: 85.440	Min: 84.932	Max: 86.207	Change: -0.9 %▼
Crude Oil Price Forecast for 2026	September 2026	Open: 85.421	Close: 85.079	Min: 84.986	Max: 85.653	Change: -0.4 %▼
Crude Oil Price Forecast for 2026	October 2026	Open: 85.235	Close: 83.560	Min: 83.560	Max: 85.371	Change: -2 %▼
Crude Oil Price Forecast for 2026	November 2026	Open: 83.359	Close: 80.480	Min: 80.480	Max: 83.359	Change: -3.58 %▼
Crude Oil Price Forecast for 2026	December 2026	Open: 80.309	Close: 82.034	Min: 79.924	Max: 82.034	Change: 2.1 % ▲
Crude Oil Price Forecast for 2027	January 2027	Open: 81.966	Close: 82.991	Min: 81.966	Max: 83.133	Change: 1.23 % ▲
Crude Oil Price Forecast for 2027	February 2027	Open: 83.010	Close: 86.685	Min: 82.954	Max: 86.685	Change: 4.24 % ▲
Crude Oil Price Forecast for 2027	March 2027	Open: 87.319	Close: 88.371	Min: 87.319	Max: 88.371	Change: 1.19 % ▲
Crude Oil Price Forecast for 2027	April 2027	Open: 88.674	Close: 89.220	Min: 88.674	Max: 90.573	Change: 0.61 % ▲
Crude Oil Price Forecast for 2027	May 2027	Open: 89.132	Close: 92.465	Min: 89.074	Max: 92.465	Change: 3.6 % ▲
Crude Oil Price Forecast for 2027	June 2027	Open: 92.443	Close: 93.735	Min: 92.443	Max: 93.735	Change: 1.38 % ▲
Crude Oil Price Forecast for 2027	July 2027	Open: 93.887	Close: 92.488	Min: 92.488	Max: 93.887	Change: -1.51 %▼
Crude Oil Price Forecast for 2027	August 2027	Open: 92.194	Close: 91.214	Min: 90.800	Max: 92.194	Change: -1.07 %▼
Crude Oil Price Forecast for 2027	September 2027	Open: 91.296	Close: 91.046	Min: 90.833	Max: 91.501	Change: -0.27 %▼
Crude Oil Price Forecast for 2027	October 2027	Open: 90.934	Close: 89.514	Min: 89.514	Max: 91.209	Change: -1.59 %▼
Crude Oil Price Forecast for 2027	November 2027	Open: 89.294	Close: 86.294	Min: 86.294	Max: 89.294	Change: -3.48 %▼
Crude Oil Price Forecast for 2027	December 2027	Open: 86.220	Close: 87.722	Min: 85.781	Max: 87.784	Change: 1.71 % ▲
Crude Oil Price Forecast for 2028	January 2028	Open: 87.953	Close: 88.857	Min: 87.953	Max: 88.980	Change: 1.02 % ▲
Crude Oil Price Forecast for 2028	February 2028	Open: 88.795	Close: 93.060	Min: 88.795	Max: 93.060	Change: 4.58 % ▲
Crude Oil Price Forecast for 2028	March 2028	Open: 93.271	Close: 94.335	Min: 93.271	Max: 94.335	Change: 1.13 % ▲
Crude Oil Price Forecast for 2028	April 2028	Open: 94.919	Close: 95.160	Min: 94.919	Max: 96.383	Change: 0.25 % ▲
Crude Oil Price Forecast for 2028	May 2028	Open: 95.004	Close: 98.319	Min: 94.920	Max: 98.319	Change: 3.37 % ▲
Crude Oil Price Forecast for 2028	June 2028	Open: 98.481	Close: 99.588	Min: 98.369	Max: 99.702	Change: 1.11 % ▲
Crude Oil Price Forecast for 2028	July 2028	Open: 99.651	Close: 98.177	Min: 98.177	Max: 99.739	Change: -1.5 %▼
Crude Oil Price Forecast for 2028	August 2028	Open: 98.007	Close: 97.260	Min: 96.647	Max: 98.007	Change: -0.77 %▼
Crude Oil Price Forecast for 2028	September 2028	Open: 97.159	Close: 96.746	Min: 96.659	Max: 97.368	Change: -0.43 %▼
Crude Oil Price Forecast for 2028	October 2028	Open: 96.856	Close: 95.098	Min: 95.098	Max: 97.037	Change: -1.85 %▼
Crude Oil Price Forecast for 2028	November 2028	Open: 95.064	Close: 92.222	Min: 92.209	Max: 95.124	Change: -3.08 %▼
Crude Oil Price Forecast for 2028	December 2028	Open: 91.978	Close: 93.470	Min: 91.646	Max: 93.527	Change: 1.6 % ▲
Crude Oil Price Forecast for 2029	January 2029	Open: 93.717	Close: 94.680	Min: 93.717	Max: 94.823	Change: 1.02 % ▲
Crude Oil Price Forecast for 2029	February 2029	Open: 94.810	Close: 98.898	Min: 94.678	Max: 98.898	Change: 4.13 % ▲
Crude Oil Price Forecast for 2029	March 2029	Open: 99.204	Close: 99.969	Min: 99.202	Max: 99.969	Change: 0.77 % ▲
Crude Oil Price Forecast for 2029	April 2029	Open: 100.528	Close: 100.907	Min: 100.528	Max: 102.156	Change: 0.38 % ▲
Crude Oil Price Forecast for 2029	May 2029	Open: 100.798	Close: 104.284	Min: 100.798	Max: 104.284	Change: 3.34 % ▲
Crude Oil Price Forecast for 2029	June 2029	Open: 104.179	Close: 105.401	Min: 104.179	Max: 105.507	Change: 1.16 % ▲
Crude Oil Price Forecast for 2029	July 2029	Open: 105.488	Close: 103.989	Min: 103.989	Max: 105.599	Change: -1.44 %▼
Crude Oil Price Forecast for 2029	August 2029	Open: 103.920	Close: 102.955	Min: 102.483	Max: 103.937	Change: -0.94 %▼
Crude Oil Price Forecast for 2029	September 2029	Open: 103.082	Close: 102.562	Min: 102.495	Max: 103.222	Change: -0.51 %▼
Crude Oil Price Forecast for 2029	October 2029	Open: 102.666	Close: 101.002	Min: 101.002	Max: 102.859	Change: -1.65 %▼
Crude Oil Price Forecast for 2029	November 2029	Open: 101.056	Close: 97.956	Min: 97.956	Max: 101.056	Change: -3.16 %▼
Crude Oil Price Forecast for 2029	December 2029	Open: 97.698	Close: 97.493	Min: 97.493	Max: 97.698	Change: -0.21 %▼

> Page 2: detailed data / price table <

Short-term and long-term CL (Crude Oil) price predictions may be different due to the different analyzed time series.

Predictions, Comments & Questions

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Please read our Comment Policy before commenting.

8 Comments

bhaskar-singh
a year ago

amazing information

(0)

(0)
quang-minh-le-khac
4 years ago

these Charts are follow on at which time zone ? GMT +0 1 2 3 4 5 6 ???

(1)

(0)
- neo
  4 years ago
  
  The timezone is GMT+1
  .
  
  (0)
  
  (0)
kvmahesh72_5379
4 years ago

what is oil forecast net week?

(0)

(0)
john-george
4 years ago

The price will cross 70$(WTI) for sure according to present situation, it can be difficult for many to accept...but for sure it will cross 70...

(0)

(1)
john-george
4 years ago

Oil price will cross 70 soon...

(0)

(0)
sbha23080_5937
5 years ago

What is last target of crude oil today?

(0)

(0)
Gujar
5 years ago

What will be High low of crude oil on monday 21st 2019?

(0)

(0)
balchandrapatil
5 years ago

What is Monday crude oil opening?

(0)

(0)

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Question Box: How will Crude Oil price increase? Will CL price go up? Will Crude Oil price fall? Will CL price drop? Will CL price rise? Is Crude Oil price going up? Is Crude Oil a profitable investment? Is CL price going to drop? When will CL price fall? When will CL price go down? When will Crude Oil price drop?

* Our predictions are generated by Machine Learning & Ai, and should not be used for making financial decisions. Investors are responsible for their own investment. We can not guarantee any profit.