Oil prices forecast 2021 vjtdvxb

Oil prices forecast 2021

06.02.2021

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EIA expects West Texas Intermediate (WTI) crude oil prices will average about $5.50/bbl lower than Brent prices through 2020 and 2021, compared with an average WTI discount of about $7.35/bbl in 2019. EIA forecasts that average Brent prices will rise to an average of $55/b in 2021, as declining global oil inventories put upward pressure on prices. Based on the lower crude oil price forecast, EIA expects U.S. retail prices for regular grade gasoline to average $2.14 per gallon (gal) in 2020, down from $2.60/gal in 2019. 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025; 53.2: 56.9: 60.8: 65: 69.4: 74.1: 79.2: 84.6: 90.4: 96.7: 103.4 Crude oil is expected to trade at 31.29 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 26.91 in 12 months time. EIA forecasts that average Brent prices will rise to an average of $55/b in 2021, as declining global oil inventories put upward pressure on prices. EIA forecasts U.S. crude oil production will average 13.0 million b/d in 2020, up 0.8 million b/d from 2019, but then fall to 12.7 million b/d in 2021. Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025; 53.2: 56.9: 60.8: 65: 69.4: 74.1: 79.2: 84.6: 90.4: 96.7: 103.4

6 days ago The EIA said it forecasts Brent crude price increasing to an average of $55 per barrel in 2021, as "declining global oil inventories put upward

29 Jan 2020 until drilling activity increases in 2021. EIA's forecast of U.S. crude oil production is based on the West Texas Intermediate (WTI) price forecast 29 Oct 2019 World Bank Commodities Price Forecast (nominal US dollars). Released: 2021 . 2022. 2023. 2024. 2025. 2030. Energy. Coal, Australia. $/mt. 70.1 1,410. 1,434. 1,459. 1,484. 1,509. 1,535. 1,561. 1,700. Palm oil. $/mt. 837. 11 Feb 2020 The EIA's global petroleum and liquid fuels supply forecast assumes to average $61 per barrel in 2020 and $68 per barrel in 2021. Crude oil prices that differ from the forecast would be reflected in the price of motor fuels. 13 Dec 2017 2014 2015 2016 2017 2018 2019 2020 2021 2022. $/bbl. Actual. New Baseline. Upside Risk. Downside Risk. Crude oil prices forecast. (Brent

Oil Price forecast for May 2021. In the beginning price at 26.57 Dollars. High price 27.87, low 26.57. The average for the month 27.12. The Oil Price forecast at the end of the month 27.46, change for May 3.3%. Brent oil price forecast for June 2021. In the beginning price at 27.46 Dollars. High price 29.60, low 27.46. The average for the month 28.42.

11 Feb 2020 The natural gas price forecast from the EIA now looks weak in 2020 with only a slight improvement for 2021. The short-term outlook for

29 Oct 2019 World Bank Commodities Price Forecast (nominal US dollars). Released: 2021 . 2022. 2023. 2024. 2025. 2030. Energy. Coal, Australia. $/mt. 70.1 1,410. 1,434. 1,459. 1,484. 1,509. 1,535. 1,561. 1,700. Palm oil. $/mt. 837.

Brent crude oil prices will average $61.25 per barrel in 2020 and $67.53 per barrel in 2021 according to the most recent forecast from the US Energy Information Administration's (EIA) monthly Short-Term Energy Outlook. This is a decrease from an average of $64.36 per barrel in 2019 and reflects a downward revision of $3.58 per barrel for 2020 compared to the previous estimate.

6 hours ago ABN AMRO's oil price forecast has been revised lower again due to coronavirus- related measures and a much bigger oil demand shock while