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Apr 16, 2024 · Here are the latest Oil forecasts and price predictions for 2024. Crude oil prices continued their upward trajectory in early Q2, as heightened geopolitical tensions coincided with the prospect of a tighter supply-demand balance through the remainder of the year.
Crude Oil - data, forecasts, historical chart - was last updated on July 5 of 2024. Crude Oil increased 12.50 USD/BBL or 17.44% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Jul 19, 2023 · We forecast higher crude oil prices in the second half of 2023 and into 2024 in our latest Short-Term Energy Outlook (STEO) because of moderate but persistent inventory drawdowns. Inventory drawdowns take place when demand for a commodity is greater than the supply of that commodity.
Follow live oil prices with the interactive chart and read the latest crude oil news, analysis and crude oil forecasts for expert trading insights.
The current price of WTI crude oil as of July 05, 2024 is 84.11 per barrel. Live interactive chart of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel.
Oil Prices: Get the latest on WTI and BRENT Oil Price, Chart, News and Realtime Quotes.
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Brent crude oil - data, forecasts, historical chart - was last updated on July 6 of 2024. Brent increased 9.93 USD/BBL or 12.89% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
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