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How much will Brent crude oil cost in 2024?
How much does crude oil cost in 2024?
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What is the price of Brent (Europe) crude oil?
Interactive daily chart of Brent (Europe) crude oil prices over the last ten years. Values shown are daily closing prices. The current price of Brent crude oil as of September 23, 2024 is $74.95 per barrel.
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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.
Sep 16, 2024 · The 2024 preliminary price of Brent crude oil averaged around 83.5 USD per barrel, as of August. This is 16 USD below the 2022 annual average.
On September 23, 2024, the Brent crude oil price stood at 74.05 U.S. dollars per barrel, compared to 70.37 U.S. dollars for WTI oil and 74.44 U.S. dollars for the OPEC basket.
Brent decreased 4.72 USD/BBL or 6.13% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Brent crude oil reached an all time high of 147.50 in July of 2008.
Sep 16, 2024 · In August 2024, the average price of one barrel of Brent crude oil was 80.36 U.S. dollars. This was a decrease from the previous month, following lower oil demand in China and announcements...
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.