Ad
related to: What is the Brent oil price forecast for 2024?Predict future oil and gas production using data from offset wells with Auto-Proximity. Probabilistic multi-segment P10, P50, and P90 type curves.
- Contact Us
Cloick here to Contact ComboCurve
or Submit a Product Idea.
- Careers
Join us, and come disrupt the
largest industry on earth.
- Fast, Accurate...
Forget manual work. Automate,
reduce risk, and evaluate...
- Forecast Carbon Emissions
Forecast wells, analyze cash flow,
and collaborate effortlessly on...
- ComboCarbon
Reduce GHG emissions profitably.
Forecast & Plan GHG Emissions.
- ComboCurve
Where energy works together.
Easily forecast 1000s of wells.
- Contact Us
Search results
$82 per barrel
- We expect the Brent crude oil price will average $82 per barrel (b) in 2024 and $79/b in 2025, close to the 2023 average of $82/b.
www.eia.gov/outlooks/steo/report/BTL/2024/01-brentprice/article.php
People also ask
How much will Brent crude oil cost in 2024?
Will Brent Oil close 2024?
What will Brent crude prices be in 2025?
What is the outlook for crude oil prices in 2023?
Jul 18, 2024 · Long Forecast expects Brent Oil to close 2024 at 78.37, while WTI to close 2024 at 79.58 with a maximum price of 103 in August. Oil prices should continue to decline towards 60-65 USD until 2026, when they should bounce back.
- Cristian Cochintu
Sep 5, 2024 · We expect the Brent crude oil price will average $82 per barrel (b) in 2024 and $79/b in 2025, close to the 2023 average of $82/b. Our forecast for relatively little price change is based on expectations that global supply and demand of petroleum liquids will be relatively balanced.
Jul 16, 2024 · ANZ Research has cut its oil price forecast 2024, anticipating Brent to trade at $87 a barrel and WTI at $84/bbl. The forecast is lower than March’s estimate of $90/bbl and $85/bbl for Brent and WTI respectively.
Jan 10, 2024 · We expect the Brent crude oil price will average $82 per barrel (b) in 2024 and $79/b in 2025, compared with its 2023 average of $82/b. We expect that the price of West Texas Intermediate (WTI) will be slightly lower but generally follow the same path.
Sep 5, 2024 · Despite a drop in the Brent crude oil spot price to $73 per barrel (b) on September 6, we expect ongoing withdrawals from global oil inventories will push prices back above $80/b this month. More oil will be taken out of inventories in the fourth quarter of 2024 (4Q24) that we previously expected because OPEC+ announced that they will delay ...
Apr 12, 2024 · Brent crude futures breached the symbolic $90/bbl threshold on 5 April, up nearly $8/bbl from early March, reaching the highest level since October 2023, amid heightened tensions between Israel and Iran.
Mar 14, 2024 · World oil demand growth is now forecast at 1.3 mb/d in 2024, down sharply from last year’s 2.3 mb/d expansion. The slowdown in growth, already apparent in recent data, means that oil consumption reverts towards its historical trend after several years of volatility from the post-pandemic rebound.
Ad
related to: What is the Brent oil price forecast for 2024?Predict future oil and gas production using data from offset wells with Auto-Proximity. Probabilistic multi-segment P10, P50, and P90 type curves.
Industries: