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How much will Brent crude oil cost in 2024?
Why is the Brent oil price rising in 2023?
How much will crude oil cost in 2024?
What will Brent crude prices be in 2025?
Jul 18, 2024 · Forecast Brent crude oil prices to average $89 per barrel (b) in the second half of 2024 (2H24), up from $84/b in 1H24. Higher prices in the second half of the year result from their forecast of persistent withdrawals from global oil inventories.
- Cristian Cochintu
Jul 16, 2024 · ANZ Research has cut its oil price forecast 2024, anticipating Brent to trade at $87 a barrel and WTI at $84/bbl. The forecast is lower than March’s estimate of $90/bbl and $85/bbl for Brent and WTI respectively. The company said: “The crude oil market remains beholden to OPEC supply policies.
Sep 5, 2024 · We expect the Brent crude oil price will average $82 per barrel (b) in 2024 and $79/b in 2025, close to the 2023 average of $82/b. Our forecast for relatively little price change is based on expectations that global supply and demand of petroleum liquids will be relatively balanced.
Jan 10, 2024 · We expect the Brent crude oil price will average $82 per barrel (b) in 2024 and $79/b in 2025, compared with its 2023 average of $82/b. We expect that the price of West Texas Intermediate (WTI) will be slightly lower but generally follow the same path.
Dec 4, 2023 · EIA outlook suggests oil could rise substantially from current lows. The EIA also predicts that the Brent crude oil price, a global benchmark for oil prices, will increase from an average $90 per barrel in 2023 to an estimated $93 per barrel in 2024.
Jan 16, 2024 · In its latest monthly Short-Term Energy Outlook (STEO) from last week, the EIA expects Brent crude oil price will average $82 per barrel in 2024, about the same as in 2023, and then fall to...
May 15, 2024 · Brent crude futures traded at around $83/bbl at the time of writing, down nearly $8/bbl from a month earlier despite signs of tightness in the crude oil market.
