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1. www.iea.org › reports › oil-2021Oil 2021 – Analysis - IEA - International Energy Agency

   www.iea.org › reports › oil-2021

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   Mar 17, 2021 · Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead.

2. www.iea.org › reports › world-energy-outlook-2021Prices and affordability – World Energy Outlook 2021 ...

   www.iea.org › reports › world-energy-outlook-2021

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   The economic recovery in 2021 has tightened commodity markets and put upward pressure on prices across the board. Crude oil prices whipsawed from USD 20/barrel in the immediate aftermath of the pandemic in mid-2020 to around USD 70/barrel in mid-2021.

3. Videos

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     How the price of oil is set

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     Why do oil prices matter to the global economy? An expert explains

     Feb 15, 2022

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     What Causes Oil Prices to Fluctuate? | Oil Price 2021

     Apr 11, 2021

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4. www.eia.gov › outlooks › ieoInternational Energy Outlook 2021 (IEO2021)

   www.eia.gov › outlooks › ieo

   Oct 6, 2021 · High and Low Oil Price cases: $176 per barrel and $45 per barrel 2050 world oil prices (2020 dollars) 1 EIA, Climate Considerations in the International Energy Outlook (IEO2021), https://www.eia.gov/outlooks/ieo/climate.php.

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5. www.iea.org › reports › oil-market-report-december-2021Oil Market Report - December 2021 – Analysis - IEA

   www.iea.org › reports › oil-market-report-december-2021

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   Dec 14, 2021 · Global oil demand is now set to rise by 5.4 mb/d in 2021 and by 3.3 mb/d in 2022, when it returns to pre-pandemic levels at 99.5 mb/d. Global oil production is poised to outpace demand from December, led by growth in the US and OPEC+ countries.

6. fingfx.thomsonreuters.com › gfx › ceOil price outlook survey 2021-2025 - Reuters

   fingfx.thomsonreuters.com › gfx › ce

   Oil price outlook surveys 2016 through 2021 Summary of forecasts and realised values Participants asked to forecast average price in current year and four subsequent years

7. tradingeconomics.com › commodity › crude-oilCrude Oil - Price - Chart - Historical Data - News

   tradingeconomics.com › commodity › crude-oil

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   Crude Oil - data, forecasts, historical chart - was last updated on July 25 of 2024. Crude Oil increased 6.56 USD/BBL or 9.16% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

8. People also ask

   How much will crude oil cost in 2021?

   • (13 May 2021) Brent crude oil prices will average $62.26 per barrel in 2021 and $60.74 per barrel in 2022 according to the forecast in the most recent Short-Term Energy Outlook from the US Energy Information Administration (EIA). This represents a rebound from the 2020 average of $41.69 per barrel, but it is still lower than pre-COVID levels.

   Crude Oil Price Forecast: 2021, 2022 and Long Term to 2050

   knoema.com/infographics/yxptpab/crude-oil-price-forecast-2021-2022-and-long-term-to-2050

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   Will oil prices rise in 2021?

   • The International Monetary Fund, in its latest release of the World Economic Outlook, predicts a similar recovery scenario, with Brent oil prices rising to US$59.74 per barrel in 2021 and then to $56.23 in 2022. Oil price forecasts depend on the interaction between supply and demand for oil in international markets.

   Crude Oil Price Forecast: 2021, 2022 and Long Term to 2050

   knoema.com/infographics/yxptpab/crude-oil-price-forecast-2021-2022-and-long-term-to-2050

   See all results for this question

   How much will Brent crude oil cost in 2021?

   • WTI Crude Oil Price Forecasts from Different Sources (13 May 2021) Brent crude oil prices will average $62.26 per barrel in 2021 and $60.74 per barrel in 2022 according to the forecast in the most recent Short-Term Energy Outlook from the US Energy Information Administration (EIA).

   Crude Oil Price Forecast: 2021, 2022 and Long Term to 2050

   knoema.com/infographics/yxptpab/crude-oil-price-forecast-2021-2022-and-long-term-to-2050

   See all results for this question

   Will oil prices rebound in 2021?

   • This represents a rebound from the 2020 average of $41.69 per barrel, but it is still lower than pre-COVID levels. The International Monetary Fund, in its latest release of the World Economic Outlook, predicts a similar recovery scenario, with Brent oil prices rising to US$59.74 per barrel in 2021 and then to $56.23 in 2022.

   Crude Oil Price Forecast: 2021, 2022 and Long Term to 2050

   knoema.com/infographics/yxptpab/crude-oil-price-forecast-2021-2022-and-long-term-to-2050

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9. knoema.com › infographics › yxptpabCrude Oil Price Forecast: 2021, 2022 and Long Term to 2050

   knoema.com › infographics › yxptpab

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   Mar 13, 2022 · (13 May 2021) Brent crude oil prices will average $62.26 per barrel in 2021 and $60.74 per barrel in 2022 according to the forecast in the most recent Short-Term Energy Outlook from the US Energy Information Administration (EIA).