In Progressenergymedium confidence24-Hour Watch

Brent Crude Will Hit $85/Barrel by Summer 2025

Azza
Azza
76% accuracy

Projection

Oil prices will reach $85 per barrel by August 2025 despite current weakness.

Rationale

OPEC production discipline, recovering Chinese demand, and limited spare capacity will drive prices higher. Current weakness is temporary and driven by recession fears that won't materialize.

Projection Window

Time remaining

100% elapsed
Start
Jun 1, 2025
End
Aug 31, 2025

Evidence

What's Your Call?

677 votes

Will Brent crude hit $85/barrel by summer 2025?

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