Search results
Dec 2, 2022 · The EIA forecast that Brent crude oil prices will average $95.33/b in 2023. WTI is forecast to average $87.33/b in 2023. Oil prices rise and fall due to fluctuations in supply and demand and global political and economic events.
The lower prices and a 200 kb/d drop in oil shipments pushed November export revenues for crude and products down 17% m-o-m to $15.2 billion, a level not seen since July 2023. Revenues fell more for crude (-$2.4 billion m-o-m) than products (-$800 million).
Jun 16, 2023 · Selected Crude Oil Prices May 2023 (Canadian dollars per cubic metre) Note: No prices are reported on weekends and American statutory holidays. Did you find what you were looking for? Date modified: 2023-06-16. Date Exchange Rate WTI.
Dec 2, 2023 · Selected Crude Oil Prices December 2023 (Canadian dollars per cubic metre) Note: No prices are reported on weekends and American statutory holidays. Did you find what you were looking for?
Jul 13, 2023 · Global oil demand is projected to climb by 2.2 mb/d in 2023 to reach 102.1 mb/d, a new record. However, persistent macroeconomic headwinds, apparent in a deepening manufacturing slump, have led us to revise our 2023 growth estimate lower for the first time this year, by 220 kb/d.
Apr 14, 2023 · Our oil market balances were already set to tighten in the second half of 2023, with the potential for a substantial supply deficit to emerge. The latest cuts risk exacerbating those strains, pushing both crude and product prices higher.
Crude Oil is expected to trade at 83.56 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 89.27 in 12 months time.
