2022 | 2023 | 2024 | 2025 | |
---|---|---|---|---|
WTI Crude Oila dollars per barrel |
94.91 | 77.58 | 83.78 | 82.48 |
Brent Crude Oil dollars per barrel |
100.94 | 82.41 | 88.55 | 86.98 |
Primary Assumptions | (percent change from prior year) | |||
World Real Gross Domestic Product | 3.3 | 3.2 | 2.9 | 3.3 |
Real U.S. Dollar Exchange Rateb | 6.7 | -0.2 | 0.8 | -1.2 |
aWest Texas Intermediate. Note: Italics indicate forecast. Data source: Short-Term Energy Outlook |
bForeign currency per U.S. dollar. |