Crude Oil Prediction 2024. A hedge fund manager with over 40 years of experience thinks this could happen to crude. The price of a barrel of oil is likely to trade between $70 and $100 for most of 2024, according to asset & wealth management investment strategy group (isg) at.
For 2024, it lowered its forecast for total world crude oil and liquid fuels production by 0.3% to 102.69 million barrels per day, but left its 2023 forecast nearly. Eia outlook suggests oil could rise substantially from current lows.