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What is the average price of crude oil in 2021?
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How much will WTI oil cost in July 2021?
Jan 4, 2022 · The spot price of Brent crude oil, a global benchmark, started the year at $50 per barrel (b) and increased to a high of $86/b in late October before declining in the final weeks of the year. Brent’s 2021 annual average of $71/b is the highest in the past three years.
Jan 5, 2022 · A faster increase in global oil demand than growth in supply led to oil prices jumping last year, with the average Brent Crude price at $71 per barrel—the highest of the past three years.
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.
Oct 14, 2021 · Oil prices are scaling multi-year highs as a shortage of natural gas, LNG and coal boosts demand for oil, which could keep the market in deficit through at least the end of the year. Brent crude futures rose by more than $10/bbl to surpass $83/bbl, while WTI traded above $80/bbl at the time of writing.
Sep 14, 2021 · Prices fell on average in August, trading in a wide $8-9/bbl range, and the forward price curve flattened substantially. The drop reflects concerns about economic growth, inflation prospects and weaker oil demand linked to rising Covid infections.
Oct 19, 2021 · Analysts at Goldman Sachs predicted last week that the price of a barrel of oil could average $85 for the next few years. But some traders are betting that oil will rise much more. The most...
Jul 8, 2021 · In the July Short-Term Energy Outlook (STEO), we forecast the Brent crude oil price will average $72 per barrel (b) in the second half of 2021 (2H21) and $67/b in 2022, both $6/b higher than in the June STEO forecast.
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related to: What will be the oil price in 2021?Predict future oil and gas production using data from offset wells with Auto-Proximity. Auto-forecast thousands of wells in minutes.
Advancing Lower-Emission Energy Solutions Through Science And Technology. Partnering With Universities, Government Labs and Other Companies.
direxion.com has been visited by 100K+ users in the past month
Access S&P Oil & Gas Exploration & Production. Bull & Bear ETFs. Learn more. Access S&P Oil & Gas Exploration & Production. Challenge the Old Buy and Hold.