2022 | 2023 | 2024 | 2025 | |
---|---|---|---|---|
WTI Crude Oila dollars per barrel |
94.91 | 77.58 | 76.91 | 73.13 |
Brent Crude Oil dollars per barrel |
100.94 | 82.41 | 80.89 | 77.59 |
Primary Assumptions | (percent change from prior year) | |||
World Real Gross Domestic Product | 3.3 | 3.2 | 3.2 | 3.2 |
Real U.S. Dollar Exchange Rateb | 6.7 | -0.2 | 2.1 | 0.9 |
aWest Texas Intermediate. Note: Italics indicate forecast. Data source: Short-Term Energy Outlook |
bForeign currency per U.S. dollar. |