Average Oil Prices 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. 26 rows in depth view into average crude oil spot price including historical data from 1960 to 2024, charts and stats.
Despite a number of geopolitical risks for oil markets, prices have closed 2023 lower, and this trend is likely to continue in 2024. Citigroup, meanwhile, is forecasting an average 2024 oil price of $75, which is the lowest of the five forecasts and in line with citiโs contrarian stance this year.
What Is The Outlook For Crude Oil Prices In 2024 And 2025?
We expect that the price of.
This Data Is Not Adjusted For Inflation.
26 rows in depth view into average crude oil spot price including historical data from 1960 to 2024, charts and stats.
Despite A Number Of Geopolitical Risks For Oil Markets, Prices Have Closed 2023 Lower, And This Trend Is Likely To Continue In 2024.
Images References :
Brent Crude Oil Prices Averaged $83 Per Barrel In 2023, A Decrease From $101 In 2022, Largely Due To Global.
Global crude oil prices, measured in us dollars per cubic meter.
Benchmark Oil Prices Will Average Below $80 Per Barrel In 2024 Due To Expected Weak Global Economic Growth And Slower Oil Demand.
Year average closing price year open year high year low year close annual % change;
Average Crude Oil Spot Price (I:acosp) 88.01 Usd/Bbl For Apr 2024