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- In our January 2022 Short-Term Energy Outlook (STEO), we forecast that crude oil prices will fall from 2021 levels. In the fourth quarter of 2021, the price of Brent crude oil, the international pricing benchmark, averaged $79 per barrel (b). We forecast that the price of Brent will average $75/b in 2022 and $68/b in 2023.
www.eia.gov/todayinenergy/detail.php?id=50858
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Jun 3, 2022 · The IEA predicts that global oil production, excluding Russia, should rise by more than 3 million barrels a day for the rest of this year, balancing out the impact of sanctions. But Smith...
Feb 2, 2022 · Feb. 2, 2022. HOUSTON — Oil prices are increasing, again, casting a shadow over the economy, driving up inflation and eroding consumer confidence. Crude prices rose more than 15 percent in...
Jun 13, 2022 · Oil prices could fall slightly over the months to come, but are still expected to end the year worth more than $100 US per barrel. Sky-high energy prices are causing inflation and...
The Brent crude oil spot price averaged $100/b in 2022, and the WTI spot price averaged $95/b. In the first half of 2022, geopolitical tension with Russia, culminating with Russia’s full-scale invasion of Ukraine on February 24, contributed to crude oil price increases. On March 8, 2022, the combination of Russia’s invasion of Ukraine with ...
Jun 7, 2022 · High oil and gasoline prices will need to rise even higher this summer to incentivize new production and discourage consumption, according to Goldman Sachs.
Jan 12, 2022 · JPMorgan analysts said in a note on Wednesday that they could see oil prices rising by up to $30 after the Energy Information Administration (EIA) and Bloomberg lowered OPEC capacity estimates...
Jan 11, 2022 · Fuel prices surged as demand and economic activity began returning from the pandemic lows that had spurred oil production cuts around the globe. Here's what will cost more — and less — in 2022
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ExxonMobil Is Ready To Support Your Changing Base Oil Needs, Today and Tomorrow. ExxonMobil Provides Global Availability & Reliable Group I & Group II/II+ Supply.
