2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
WTI Crude Oila dollars per barrel |
68.21 | 94.91 | 77.10 | 71.57 |
Brent Crude Oil dollars per barrel |
70.89 | 100.94 | 82.95 | 77.57 |
Primary Assumptions | (percent change from prior year) | |||
World Real Gross Domestic Product | 6.3 | 3.3 | 2.0 | 3.2 |
Real U.S. Dollar Exchange Rateb | -3.9 | 6.8 | 0.6 | -0.5 |
aWest Texas Intermediate. Note: Italics indicate forecast. Data source: Short-Term Energy Outlook |
bForeign currency per U.S. dollar. |