ilmscore | Oil Prices Predictions
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Accuracy

Recent Predictions

Total: 42
Correct: 0
Incorrect: 2
Pending: 40
Unrated: 1
Prediction
Author
Predicted at
Status
Video
Gasoline prices will not significantly increase or decrease in the short term due to the Venezuelan situation.
"do not expect gasoline prices to shoot up or down. Honestly, for the short term, this is going to ha..."
Jan 7, 2026
Pending
Increased oil supply is predicted to lead to a decrease in oil prices.
"If you start to increase the supply of oil, that can bring down the price of oil."
Jan 4, 2026
Unrated
Increased oil production in Venezuela under US discretion could lead to lower oil prices.
"If we see more oil being produced, more supply of oil, that could bring down the price of oil."
Jan 4, 2026
Pending
Increased oil production in Venezuela due to US control could lead to lower oil prices.
"If you start to increase the supply of oil, that can bring down the price of oil."
Jan 4, 2026
Pending
Increased oil production and supply are expected to lower oil prices.
"If we see more oil being produced, more supply of oil, that could bring down the price of oil."
Jan 4, 2026
Pending
An increase in oil supply due to US companies operating in Venezuela could lead to a decrease in oil prices.
"If you start to increase the supply of oil, that can bring down the price of oil."
Jan 4, 2026
Pending
JPMorgan predicts oil prices could reach $130 per barrel if the Strait of Hormuz is sustained closed.
"JP Morgan believes that we could see oil rise as high as $130 a barrel in the event it's closed for ..."
Jun 23, 2025
Incorrect
JP Morgan predicts oil prices could reach $120 per barrel if the Iran-Israel conflict escalates.
"JP Morgan has warned on Friday that oil prices may surge to $120 per barrel if this conflict escalat..."
Jun 17, 2025
Incorrect
If there is a disruption to the oil supply chain due to the conflict, oil prices could exceed $100 per barrel.
"Reuters had to say about this. quote, "Israel's attack on Iran is unlikely to cause a major disrupti..."
Jun 14, 2025
Pending
If the situation in the Middle East escalates, JP Morgan predicts oil prices could reach $120 per barrel.
"And then JP Morgan also chimed in saying that if things do get worse in the Middle East, we could se..."
Jun 14, 2025
Pending
OPEC began increasing oil production in May 2025.
"OPEC really started to increase the supply of oil that they're producing."
Jun 13, 2025
Pending
Oil prices rose due to increased conflict in the Middle East and stimulus in China.
"over the last week we saw oil prices rise and there are two things that happened last week which tri..."
Oct 8, 2024
Pending
Escalating wars in the Middle East can impact oil supply and consequently affect oil and gas prices.
"so when you see more Wars happening in the Middle East that can then impact oil supply which affects..."
Oct 8, 2024
Pending
As the US dollar fell by approximately 40% between 2002 and 2008, oil prices rose from around $20 a barrel in 2002 to over $140 per barrel by mid-2008.
"between 2002 to 2008 the US dollar fell by around 40% and during the same time period the price of o..."
Aug 26, 2024
Pending
Oil prices dropped to $73 a barrel due to expectations of decreased demand, weakening employment, and reduced production by exporters.
"oil recently fell to $73 a barrel on fears that people are going to be cutting back demand is going ..."
Aug 6, 2024
Pending
Oil prices increased tenfold from $3 to $30 per barrel.
"oil prices went from $3 a barrel to $30 a barrel that's a tenfold increase"
Apr 23, 2024
Pending
Rising oil prices may be driven by demand-side factors, indicating an economic re-acceleration.
"the concerning creep in oil prices we're seeing may not be due to supply side factors but instead to..."
Apr 1, 2024
Pending
Predicted oil prices would strongly decrease if the deflation idea proves to be correct.
"if my deflation idea is correct we should see oil come off strongly"
Feb 17, 2024
Pending
Falling demand in the US and China is identified as a primary reason for the recent drop in oil prices.
"falling demand so one reason I can say but from two countries I should say two countries same reason..."
Nov 9, 2023
Pending
The primary reasons for the fall in oil prices are identified as slowing overall demand in two major global economies: the USA and China.
"what led to the fall was two major reasons falling demand so one reason I can say but from two count..."
Nov 9, 2023
Pending
Following a sharp rise at the onset of war news, oil prices have experienced a significant decline from a high of approximately $93.84 to around $8.43.
"When The War news started to break out very fiercely that was a time when oil prices saw a sharp pri..."
Nov 9, 2023
Pending
Oil prices are predicted to reach $100 per barrel soon.
"oil prices could hit $100 a barrel soon"
Oct 11, 2023
Pending
Saudi Arabia's oil production is projected to be around 9 million barrels per day for November and December.
"Saudi Arabia's oil production for November and December is projected at approximately 9 million barr..."
Oct 11, 2023
Pending
Global demand for mobility fuels is expected to grow by nearly 1.6 million barrels per day in the current year.
"Global demand for so-called Mobility fuels has remained robust, showing a growth of nearly 1.6 milli..."
Oct 11, 2023
Pending
As of late September, global daily flights reached 96% of their 2019 levels, the highest since mid-July.
"Daily Global flights as of the week ending 29th of September were recorded at 96% of 2019 levels, ma..."
Oct 11, 2023
Pending
Despite recent trends, some analysts still predict oil prices could reach $100 by the end of the year.
"some analysts are still predicting oil prices could reach $100 by the end of the year"
Oct 11, 2023
Pending
A production surge from non-OPEC countries is anticipated at the start of the new year, which is expected to put downward pressure on oil prices in the medium term.
"The Economist a production Surge from non OPEC countries is anticipated as the New Year Dawns"
Oct 11, 2023
Pending
While oil prices could exceed $100 per barrel, it is considered unlikely.
"although oil prices could rise above $100 it's unlikely"
Oct 11, 2023
Pending
The speaker believes oil prices will surpass $100 per barrel.
"I think we're going above 100"
Oct 11, 2023
Pending
A rise in oil prices is attributed to supply restrictions from nations like Saudi Arabia and a resurgence in economic activity globally.
"oil prices in general have also started to rise and that's probably due to a combination of restrict..."
Aug 1, 2023
Pending
Global oil prices have also started to increase.
"oil prices in general have also started to rise"
Aug 1, 2023
Pending
Potential oil supply cuts could lead to sustained high oil prices for an extended period.
"with the chance of a supply cut prices might continue to remain high for longer than we think"
Nov 30, 2022
Pending
Oil prices are expected to remain high in the short term.
"in the short term I wouldn't be surprised if prices remain high"
Nov 4, 2022
Pending
Starting in November, oil production will be decreased by 2 million barrels per day, likely increasing prices.
"starting in November oil production will be decreased by 2 million barrels a day"
Nov 4, 2022
Pending
Oil prices are predicted to increase after November 9th.
"after November 9th oil prices will go up anyway"
Oct 27, 2022
Pending
Oil prices are predicted to increase after November 9th.
"after November 9th oil prices will go up anyway"
Oct 10, 2022
Pending
OPEC plans to cut oil production by 2 million barrels per day starting in November.
"OPEC which is a group of very powerful oil producing countries have said that they're about to cut t..."
Oct 10, 2022
Pending
Oil prices are predicted to reach between $150 and $185 per barrel.
"combine all of that with oil potentially reaching anywhere between 150 to 185 dollars a barrel"
Jun 3, 2022
Pending
Gas prices are predicted to exceed $5 per gallon in the coming days or weeks.
"the price of gas will more than likely go up to over five dollars a gallon"
Feb 25, 2022
Pending
Oil prices are predicted to be over $100 per barrel.
"which is now most likely more than a hundred dollars per barrel"
Feb 25, 2022
Pending
Oil prices could reach $130 per barrel in June due to disruptions in crude oil production caused by geopolitical tensions.
"oil prices for example reached a high of 105 dollars a barrel as CNBC warns that prices could move t..."
Feb 25, 2022
Pending
Oil prices could reach $130 per barrel in June due to potential disruptions in crude oil production caused by the Russia-Ukraine tension.
"CNBC warns that prices could move to 130 dollars in June if the current tension disrupts the product..."
Feb 25, 2022
Pending