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- U.S. crude was forecast to average $76.23 in 2022, versus the $71.38 forecast last month. "Given how tight markets are, oil certainly can rally above $100, particularly if OPEC+ supply increases continue to lag behind their target, U.S. producers fail to respond or if the Ukraine-Russia crisis worsens," the Economist Intelligence Unit said.
www.reuters.com/business/rising-geopolitical-tension-demand-send-oil-price-outlook-soaring-2022-01-31/Rising geopolitical tension and demand send oil price outlook ...
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Mar 16, 2022 · We forecast that the price for WTI, the U.S. benchmark, will average $113/b in March and $112/b for the second quarter of 2022. Our forecast is subject to heightened levels of uncertainty due to various factors, including Russia’s further invasion of Ukraine, government-issued limitations on energy imports from Russia, Russian petroleum ...
- Short-Term Energy Outlook - U.S. Energy Information ...
In this month’s outlook, we expect the Brent price will...
- EIA forecasts crude oil prices will increase through 2024 as ...
In our latest forecast, we expect non-OECD consumption of...
- Short-Term Energy Outlook - U.S. Energy Information ...
In this month’s outlook, we expect the Brent price will average $78 per barrel (b) in 2025, $7/b less than we expected in last month’s STEO. In our forecast, lower crude oil prices largely reflect a reduction for global oil demand growth in 2025.
Jul 19, 2023 · In our latest forecast, we expect non-OECD consumption of petroleum and liquid fuels to grow by 1.6 million b/d from 2022 to average 55.1 million b/d in 2023 and to rise further to 56.5 million b/d in 2024.
Jan 31, 2022 · U.S. crude was forecast to average $76.23 in 2022, versus the $71.38 forecast last month. "Given how tight markets are, oil certainly can rally above $100, particularly if OPEC+ supply...
Jan 19, 2022 · Most responses are clustered around $70 and $90 a barrel over the next four years, based on the inter-quartile range for responses between 2022 and 2025. And nearly all respondents think prices...
Jun 15, 2022 · World oil demand is forecast to reach 101.6 mb/d in 2023, surpassing pre-pandemic levels. While higher prices and a weaker economic outlook are moderating consumption increases, a resurgent China will drive gains next year, with growth accelerating from 1.8 mb/d in 2022 to 2.2 mb/d in 2023.
Dec 14, 2022 · Oil demand is now forecast to rise by 2.3 mb/d in 2022 and a further 1.7 mb/d next year, up around 140 kb/d compared with last month’s Report. While lower oil prices come as a welcome relief to consumers faced by surging inflation, the full impact of embargoes on Russian crude and product supplies remains to be seen.
