2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
WTI Crude Oila dollars per barrel |
39.17 | 68.21 | 102.47 | 93.24 |
Brent Crude Oil dollars per barrel |
41.69 | 70.89 | 107.37 | 97.24 |
Primary Assumptions | (percent change from prior year) | |||
World Real Gross Domestic Product | -3.2 | 6.0 | 3.1 | 3.4 |
Real U.S. Dollar Exchange Rateb | 1.7 | -3.9 | 4.8 | -0.6 |
aWest Texas Intermediate. Note: Italics indicate forecast. Source: Short-Term Energy Outlook |
bForeign currency per U.S. dollar. |