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Crude Oil - data, forecasts, historical chart - was last updated on July 5 of 2024. Crude Oil increased 12.50 USD/BBL or 17.44% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
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
US output is rising amid stronger oil prices. World oil supply is set to rise 1.5 mb/d over November and December, with the US providing 400 kb/d of the gain. Saudi and Russia combined would account for 330 kb/d in line with OPEC+ targets. Total oil supply had already leapt 1.4 mb/d m-o-m in October after the US rebounded from Hurricane Ida.
Brent crude oil - data, forecasts, historical chart - was last updated on July 6 of 2024. Brent increased 9.93 USD/BBL or 12.89% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
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.
The current price of Brent crude oil as of June 24, 2024 is $86.75 per barrel. Interactive daily chart of Brent (Europe) crude oil prices over the last ten years. Values shown are daily closing prices.
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Oct 14, 2021 · Global oil demand is now forecast to rise by 5.5 mb/d in 2021 and 3.3 mb/d in 2022 when it reaches 99.6 mb/d, slightly above pre-Covid levels. World oil supply has resumed its uptrend as OPEC+ continues to unwind cuts, the US bounces back from Hurricane Ida and maintenance winds down.
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