2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
WTI Crude Oila dollars per barrel |
68.21 | 94.91 | 79.65 | 83.22 |
Brent Crude Oil dollars per barrel |
70.89 | 100.94 | 84.46 | 88.22 |
Primary Assumptions | (percent change from prior year) | |||
World Real Gross Domestic Product | 6.3 | 3.3 | 2.8 | 2.6 |
Real U.S. Dollar Exchange Rateb | -3.9 | 6.7 | -0.6 | 0.4 |
aWest Texas Intermediate. Note: Italics indicate forecast. Data source: Short-Term Energy Outlook |
bForeign currency per U.S. dollar. |