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  1. Budget assumptions versus daily Brent spot prices and year-to-date (YTD) averages. Fiscal Year. 2022-23; 2021-22; 2020-21; 2019-20; 2018-19; 2017-18; 2016-17; Note: The daily Brent spot prices are the daily Brent closing spot prices from the U.S. Energy Information Administration

  2. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value. The current price of WTI crude oil as of July 04, 2024 is $84.06 per barrel.

  3. Dec 30, 2018 · In my 2018 predictions, which I will grade in a couple of weeks, I projected that oil prices would reach $70/bbl in 2018. The price of WTI, the U.S. benchmark, rose to that level in May and...

  4. Over the past three months, global oil prices have been on an upward slope and by mid-May reached their highest levels in over three years. However, despite the apparent upward trend there have been several price drops, the latest and most significant occurring at the end of May. Overall, oil markets have been quite volatile during the last ...

  5. The section below provides some of the 2017 highlights and 2018 expectations for the Newfoundland and Labrador economy. The Economy 2018 5. Consumer prices rose by 2.4% as gasoline and fuel oil prices put upward pressure on the overall price level.

  6. The latest EIA data indicates that the U.S. crude oil production is forecast to average 10.7 mb/d in 2018, an increase of 13.8% from 9.4 mb/d in 2017. A further production growth of 9.35% is expected in 2019.

  7. Sep 1, 2017 · In Newfoundland and Labrador of Canada, Millard et al. (2017) confirmed that negative oil price shocks has a significant long-run influence on the state GDP, household income, household ...