Price of Oil Forecast

Price of Oil Forecast Goldman Sachs remains bullish on oil prices, forecasting $63 oil in 2021 and expecting a recovery in global oil demand. Image: Goldman Sachs Global Investment Research

History of Oil Prices

History of Oil Prices This chart highlights the rise and fall of oil prices since 1861. Image: Goldman Sachs Global Investment Research Click the Image to Enlarge  

Brent Crude Oil Prices – Forecast vs. Forwards

Brent Crude Oil Prices – Forecast vs. Forwards BofA expects brent crude oil prices to average $50/bbl in 2021, reflecting a recovery in global mobility and better growth. Image: BofA Global Commodity Research

Gold Minus Oil Annual Net Return

Gold Minus Oil Annual Net Return This year saw the biggest gold outperformance vs. oil since 1980. Image: BofA Global Investment Strategy