EIA Short-Term Energy Outlook Report: WTI crude oil price is expected to be $83/barrel in 2024, previously expected to be $83.78/barrel; WTI crude oil price is expected to be $81/barrel in 2025, previously expected to be $82.48/barrel. Brent crude oil price is expected to be $88/barrel in 2024, previously expected to be $88.55/barrel; Brent crude oil price is expected to be $85/barrel in 2025, previously expected to be $86.98/barrel.
EIA Short term Energy Outlook Report: It is expected that the WTI crude oil price in 2024 will be $83.78 per barrel, compared to the previous expectation of $82.15 per barrel. The expected WTI crude oil price in 2025 is $82.48 per barrel, compared to the previous expectation of $80.30 per barrel.