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Recent Data

Price summary
  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.