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1. www.eia.gov › finance › marketsWhat drives crude oil prices? - U.S. Energy Information ...

   www.eia.gov › finance › markets

   Sep 10, 2024 · Crude oil prices are the primary driver of petroleum product prices. Data source: Short-Term Energy Outlook. Economic growth has a strong impact on oil consumption. Data sources: U.S. Energy Information Administration, Oxford Economics. Changes in expectations of economic growth can affect oil prices.

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2. www.macrotrends.net › 1369Crude Oil Prices - 70 Year Historical Chart - Macrotrends

   www.macrotrends.net › 1369

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   Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. 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.

   Year	Averageclosing Price	Year Open	Year High
   2024	$77.72	$71.65	$87.01
   2023	$77.64	$80.26	$93.84
   2022	$94.53	$76.08	$123.70
   2021	$68.17	$47.62	$84.65

   See full list on macrotrends.net

3. fingfx.thomsonreuters.com › gfx › ceCyclical behaviour of oil prices - Reuters

   fingfx.thomsonreuters.com › gfx › ce

   Brent spot prices and calendar spread, 1993-2021 X-axis: six-month calendar spread (MI-M7) (US$ per barrel) Y-axis: percent change in spot price over previous two months (five-day avg)

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5. www.eia.gov › outlooks › aeoAnnual Energy Outlook 2021 - U.S. Energy Information ...

   www.eia.gov › outlooks › aeo

   February 2021. This report was prepared by the U.S. Energy Information Administration (EIA), the statistical and analytical agency within the U.S. Department of Energy. By law, EIA's data, analyses, and forecasts are independent of approval by any other officer or employee of the United States Government.

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6. www.opec.org › opec_web › enMonthly Oil Market Report 2021 - OPEC

   www.opec.org › opec_web › en

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   Monthly Oil Market Report 2021. The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year.

7. www.bp.com › bp-stats-review-2021-oilOil – Statistical Review of World Energy 2021 - bp

   www.bp.com › bp-stats-review-2021-oil

   Reserves and R/P ratio for Canada includes Canadian oil sands. Reserves and R/P ratio for Venezuela includes the Orinoco Belt. Saudi Arabia’s oil reserves include NGLs from 2017. Reserves include gas condensate and natural gas liquids (NGLs) as well as crude oil.

8. People also ask

   What is the oil production forecast for 2021?

   • OPEC Monthly Oil Market Report – December 2021 37 OECD OECD liquids production in 2021 is forecast to increase by 0.29 mb/d y-o-y to average 29.41 mb/d, revised up by 0.09 mb/d m-o-m owing to an upward revision of 0.11 mb/d in the production forecast for OECD Americas, which is now projected to grow by 0.41 mb/d to average 25.11 mb/d.

   Feature article: Review of 2021 and outlook for ... - opec.org

   www.opec.org/opec_web/static_files_project/media/downloads/publications/OPEC_MOMR_December_2021.pdf

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   How did the oil market perform in 2021?

   • OPEC Monthly Oil Market Report – December 2021 33 Gasoline demand increased by more than 0.2 mb/d after rising by a similar level in August . The significant reduction in the baseline of comparison contributed to this y-o-y rise. Gasoline rose the most in Saudi Arabia and Iraq. Industrial fuels, led by diesel, remained supported.

   Feature article: Review of 2021 and outlook for ... - opec.org

   www.opec.org/opec_web/static_files_project/media/downloads/publications/OPEC_MOMR_December_2021.pdf

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   What happened to oil demand in December 2021?

   • World Oil Demand 30 OPEC Monthly Oil Market Report – December 2021 Despite challenging competition from naphtha, demand for LPG also increased albeit at a slower pace than naphtha.

   Feature article: Review of 2021 and outlook for ... - opec.org

   www.opec.org/opec_web/static_files_project/media/downloads/publications/OPEC_MOMR_December_2021.pdf

   See all results for this question

   What was the OPEC Monthly oil market report December 2021?

   • 80 OPEC Monthly Oil Market Report – December 2021 FAI fixed asset investment FCC fluid catalytic cracking FDI foreign direct investment Fed US Federal Reserve FID final investment decision FOB free on board FPSO floating production storage and offloading FSU Former Soviet Union

   Feature article: Review of 2021 and outlook for ... - opec.org

   www.opec.org/opec_web/static_files_project/media/downloads/publications/OPEC_MOMR_December_2021.pdf

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9. www.opec.org › OPEC_MOMR_December_2021Feature article: Review of 2021 and outlook for 2022 - OPEC

   www.opec.org › OPEC_MOMR_December_2021

   Crude Oil Price Movements Crude oil spot prices declined in November, amid concerns regarding the emergence of the new Omicron COVID-19 variant, and easing of the energy crunch which had resulted in higher oil demand from the gas-to-