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  1. The WTI price followed a similar path as the Brent crude oil price in 2022, averaging $5/b less than the Brent crude oil price, compared with $3/b less in 2021. The Brent-WTI crude oil spread (the difference between the two prices) increased in 2022 relative to 2021 because European countries needed to replace crude oil supplies they were importing from Russia with crude oil from another source.

  2. Brent crude oil is expected to trade at 72.19 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 77.12 in 12 months time.

  3. EIA expects lower crude oil prices for the second half of 2023 and for 2024 tags: STEO crude oil liquid fuels oil/petroleum prices

  4. Oil Price (Brent Crude and WTI) The price of oil is the most important value on international commodity markets since crude oil is the most important commodity. Emerging industrial...

  5. Mar 16, 2022 · In our March 2022 Short-Term Energy Outlook (STEO), which was finalized on March 3, we increased our forecast price of international benchmark Brent crude oil to $116 per barrel (b) for the second quarter of 2022.

  6. On October 7, 2024, the Brent crude oil price stood at 81.08 U.S. dollars per barrel, compared to 77.14 U.S. dollars for WTI oil and 78.5 U.S. dollars for the OPEC basket.

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  8. 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.

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