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Recent Data

Price summary
  2022 2023 2024 2025
WTI Crude Oila
dollars per barrel
94.91 77.58 82.03 83.88
Brent Crude Oil
dollars per barrel
100.94 82.41 86.37 88.38
 
Primary Assumptions (percent change from prior year)
World Real Gross Domestic Product 3.3 3.2 3.0 3.3
Real U.S. Dollar Exchange Rateb 6.7 -0.2 2.4 1.1
aWest Texas Intermediate.
Note: Italics indicate forecast.
Data source: Short-Term Energy Outlook
bForeign currency per U.S. dollar.