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Brent Oil Forecasts for Tomorrow, Week, Month and 5 Years

Updated: May 4, 2026 at 10:07 UTC

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▲ +1.33%Technical analysis Bullish · Focus area Macro + technical

Forecast Summary

Timeframe	Predicted Price	Past	Historical	Insight
Tomorrow	$105.30 ▼ -3.93%	Yesterday	$108.17 ▲ +1.33%	Short-term bias is up with moderate daily volatility (~2.25%).
Short-term bias is up with moderate daily volatility (~2.25%).
Week	$98.73 ▼ -9.93%	Last Week	$108.23 ▲ +1.28%	7-day projection follows positive momentum and near-term trend alignment.
7-day projection follows positive momentum and near-term trend alignment.
Month	$90.71 ▼ -17.24%	Last Month	$109.03 ▲ +0.53%	Monthly setup reflects upward drift and regime-adjusted volatility.
Monthly setup reflects upward drift and regime-adjusted volatility.
Year	$83.71 ▼ -23.63%	Last Year	$61.29 ▲ +78.84%	Yearly scenario blends trend slope and macro-sensitive drift; confidence drops as horizon expands.
Yearly scenario blends trend slope and macro-sensitive drift; confidence drops as horizon expands.
5 Years	$77.84 ▼ -28.98%	5 Years Ago	$68.96 ▲ +58.95%	5-year view is directional and assumes cycle continuity, not a guaranteed price path.
5-year view is directional and assumes cycle continuity, not a guaranteed price path.

Tomorrow$105.30▼ -3.93%

Yesterday$108.17▲ +1.33%

Short-term bias is up with moderate daily volatility (~2.25%).

Week$98.73▼ -9.93%

Last Week$108.23▲ +1.28%

7-day projection follows positive momentum and near-term trend alignment.

Month$90.71▼ -17.24%

Last Month$109.03▲ +0.53%

Monthly setup reflects upward drift and regime-adjusted volatility.

Year$83.71▼ -23.63%

Last Year$61.29▲ +78.84%

Yearly scenario blends trend slope and macro-sensitive drift; confidence drops as horizon expands.

5 Years$77.84▼ -28.98%

5 Years Ago$68.96▲ +58.95%

5-year view is directional and assumes cycle continuity, not a guaranteed price path.

Risk notice:This forecast is informational only, not financial advice; accuracy depends on volatility, liquidity, macro events, and other external factors.

Price Chart

HistoricalForecastBullishBearish

Technical Analysis

Neutral

Bullish

Neutral

Bearish

Key Indicators

Indicator	Value	Signal
RSI 14	83.7	Bullish
MACD	-0.09	Bearish
SMA 50	$103.46	Mid
SMA 200	$95.56	Mid
EMA 20	$94.45	Mid

Historical Data

Opening Price$108.17

Start Date2007-08-01

Day Range$105.66 – $110.87

Market Capn/a

Monthly Range$90.38 – $118.35

24h Volumen/a

90D Range$59.96 – $118.35

Circulatingn/a

52W Range$58.92 – $118.35

Max Supplyn/a

Opening Price	$108.17	Start Date	2007-08-01
Day Range	$105.66 – $110.87	Market Cap	n/a
Monthly Range	$90.38 – $118.35	24h Volume	n/a
90D Range	$59.96 – $118.35	Circulating	n/a
52W Range	$58.92 – $118.35	Max Supply	n/a

Support & Resistance Levels

$122.76R3 — major ceiling

$118.82R2 — swing resistance

$114.87R1 — near-term resistance

$109.61Current PriceBRN

$86.08S1 — near-term supportSupport

$66.58S2 — structure support

$58.72S3 — deep support

↑

Nearest resistance sits near $114.87; breaks above this area would improve continuation odds.

↓

Nearest support is around $86.08; repeated failures below this zone would increase downside risk.

⚖

Levels are derived from observed rolling highs/lows with 5.78% daily realized volatility.

Price Milestones

Key levels & historical context

Recent$109.61Current

Current reference level from live market feed.

24h High$110.87Local High+1.15%

Observed day high from latest market session.

24h Low$105.66Local Low-3.60%

Observed day low from latest market session.

30D Target$90.71Model 1M-17.24%

Forecast engine medium-horizon projection.

1Y Target$83.71Model 1Y-23.63%

Forecast engine long-horizon projection.

5Y Scenario$77.84Model 5Y-28.98%

Long-cycle continuation scenario, not a guaranteed path.

Forecast Accuracy

How our model has performed

77%

Directional

Forecast Accuracy

Based on live volatility regime (5.78% daily), near-term direction remains more stable than long horizons.

📊

Our algorithm is re-calibrated weekly using the latest price action, volatility regime, and indicator signals. Accuracy varies by timeframe — short-term momentum is more reliable than long-term projections.

Tomorrow

80%

Direction hit rate

7 Days

78%

Direction hit rate

30 Days

75%

Direction hit rate

1 Year

70%

Direction hit rate

Avg. Price Error (30D)

±9.5%

Mean absolute deviation

Last Correct Signal

Recent

Directional signal ✓

Investment Scenarios

If you invest $1,000 in BRN today

Bullish Case

$1161.91

+16.19% from current

Target Price$127.36

ScenarioBreakout continuation

Probability32%

Base Case

$827.57

-17.24% from current

Target Price$90.71

ScenarioTrend-following baseline

Probability37%

Bearish Case

$895.91

-10.41% from current

Target Price$98.20

ScenarioVolatility drawdown

Probability31%

Basis: Scenario model combines current 30-day drift (-17.24%) and realized daily volatility (5.78%).

Correlation Matrix

30-day rolling · how BRN moves with other assets

	BRN	XPTUSD	XAGUSD	XPDUSD	SBF	HGF
BRN	1.00	0.98	0.97	0.79	-0.72	0.57
XPTUSD	0.98	1.00	0.94	0.87	-0.82	0.50
XAGUSD	0.97	0.94	1.00	0.66	-0.60	0.75
XPDUSD	0.79	0.87	0.66	1.00	-0.98	0.03
SBF	-0.72	-0.82	-0.60	-0.98	1.00	0.00
HGF	0.57	0.50	0.75	0.03	0.00	1.00

Forecast Factors

Market Structure

Price structure reflects the latest momentum regime and support/resistance interaction.

Momentum Bearish · 7/100

24H drift-3.93%

7D drift-9.93%

30D drift-17.24%

Technical Signals

Signals combine RSI, MACD, and moving average stacks to estimate short-term direction.

Bullish Setup · 77/100

RSI84.3 · Bullish

MACD0.00 · Neutral

MA stack3/3 bullish

Macro Context

Rates, dollar strength, and cross-asset risk appetite influence medium-term paths.

Risk-Off Caution · 10/100

1M outlook-17.24%

1Y outlook-23.63%

5Y outlook-28.98%

Frequently Asked Questions

Q What is the Brent Oil forecast for tomorrow?

Brent Oil is projected near $105.30 versus the latest reference around $109.61. That implies a modeled move of -3.93% over the next day, with realized prices still sensitive to intraday volatility.

Q What does the 7-day outlook suggest for Brent Oil?

The weekly model points to $98.73, which maps to an expected drift of -9.93% from current conditions. This horizon reacts quickly to momentum shifts, so breaks at nearby levels can change the path faster than long-term targets.

Q How should I read the 1-month and 1-year targets?

The 1-month target is $90.71 (-17.24%), while the 1-year target is $83.71 (-23.63%). The monthly view tracks prevailing trend pressure, and the yearly view reflects broader cycle assumptions and macro sensitivity.

Q Why does the 5-year scenario differ from shorter forecasts?

The long-horizon scenario sits near $77.84 with a modeled change of -28.98%. It compounds cycle continuation assumptions over time, so it should be treated as a scenario envelope rather than a precise endpoint.

Q Where are the most important support and resistance zones right now?

Nearest resistance is around $114.87, while nearest support is around $86.08. A clean break above resistance improves continuation odds, while repeated closes under support raise downside risk.

Q How fresh are the recent high/low milestones?

The latest observed session range is roughly $105.66 to $110.87. These checkpoints are rebuilt from the live market snapshot so milestone context updates with each data refresh.

Brent Oil Forecasts for Tomorrow, Week, Month and 5 Years

Forecast Summary

Price Chart

Technical Analysis

Key Indicators

Historical Data

Support & Resistance Levels

Price Milestones

Forecast Accuracy

Investment Scenarios

Correlation Matrix

Forecast Factors

Frequently Asked Questions

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