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related to: What is the WTI crude oil price forecast for 2024?Dig Into Rising Oil Prices & Other Reasons We Think the Outlook for Energy Is Positive. Limited Supply, Healthy Demand & Rising Investments in Production Mean a Positive Outlook.
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Jul 18, 2024 · Long Forecast expects Brent Oil to close 2024 at 78.37, while WTI to close 2024 at 79.58 with a maximum price of 103 in August. Oil prices should continue to decline towards 60-65 USD until 2026, when they should bounce back.
- Cristian Cochintu
1 day ago · Oil prices are forecast to average $80/bbl in the last quarter of 2024 . October 15, 2024. There could be a sustained geopolitical premium in crude prices until tensions resolve, according to J.P. Morgan Commodities Research.
2 days ago · ANZ Research has cut its oil price forecast 2024, anticipating Brent to trade at $80 a barrel and WTI at $78/bbl as of October 10, from its July’s estimate of $87 a barrel for Brent and WTI at $84/bbl.
EIA forecasts crude oil prices will increase through 2024 as demand rises above supply tags: STEO consumption/demand crude oil liquid fuels oil/petroleum prices + production/supply Increased U.S. renewable and natural gas generation likely to reduce summer coal demand
Jan 9, 2024 · The analysis from Deloitte released Tuesday predicts an average West Texas Intermediate (WTI) price — typically regarded as the benchmark for crude oil — of $72 US per barrel this year.
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.
Aug 6, 2024 · The EIA now sees U.S. petroleum and other liquid fuels consumption averaging 20.5 million barrels per day in 2024—that’s up from the agency’s forecast in July of 20.4 million bpd.
