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May 08, 2025
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Recent Data

Price summary
	2023	2024	2025	2026
WTI Crude Oil^a dollars per barrel	77.58	76.60	61.81	55.24
Brent Crude Oil dollars per barrel	82.41	80.56	65.85	59.24

Primary Assumptions	(percent change from prior year)
World Real Gross Domestic Product	3.3	3.2	2.8	2.8
Real U.S. Dollar Exchange Rate^b	-0.2	2.3	3.6	-0.2
^aWest Texas Intermediate. Note: Italics indicate forecast. Data source: Short-Term Energy Outlook	^bForeign currency per U.S. dollar.

See more data

Updated Data Series
05/06/2025West Texas Intermediate (WTI) Crude Oil Price Confidence Intervals
05/06/2025West Texas Intermediate (WTI) Crude Oil Price Probabilities
05/06/2025Henry Hub Natural Gas Prices and Confidence Intervals
05/06/2025Henry Hub Natural Gas Price Probabilities

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Recent | Highlighted Reports

Report Type: Data

This Week in Petroleum
Released April 30, 2025 | tags: HGL WTI consumption/demand crude oil diesel distillate fuel +exports/imports financial markets futures gasoline heating oil inventories/stocks liquid fuels most popular oil/petroleum prices production/supply propane recurring report sales shale spot prices weekly
Report Types: Data, Analysis, Forecast

What Drives Crude Oil Prices?
Released February 11, 2025 | tags: Congressional & other requests OECD WTI crude oil financial markets monthly +most popular oil/petroleum prices spot prices
Report Types: Data, Analysis

What Drives Petroleum Product Prices
Released February 11, 2025 | tags: consumption/demand exports/imports financial markets gasoline liquid fuels monthly +most popular oil/petroleum prices production/supply spot prices
Report Types: Data, Analysis

Financial Review of the Global Oil and Natural Gas Industry
Released December 17, 2024 | tags: Brent crude oil financial markets most popular natural gas oil/petroleum +prices production/supply quarterly spot prices
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U.S. Energy Disruptions Map

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What drives crude oil prices
An analysis of 7 factors that influence oil markets

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Does EIA have ethanol price data?
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