The oil and gas industry will play a very important role in the energy mix throughout our forecasting period The stage is set for gas to become the world’s primary energy source towards 2050, and the last of the fossil fuels to experience peak demand, which will occur in 2035 according to our model. Gas can The average for the month 65.65. The Oil Price forecast at the end of the month 67.36, change for April 6.2%. Oil Price forecast for May 2020. In the beginning price at 67.36 Dollars. High price 70.66, low 67.36. The average for the month 68.75. The Oil Price forecast at the end of the month 69.62, change for May 3.4%. Production Forecasting in the Age of Big Data in Oil and Gas Industry This presentation highlights the value associated with improving the accuracy of Technical Potential (TP) Forecasting.

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