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"Our forecast of $90 Brent in 2023 rests on the view that OPEC+ alliance will do the heavy lifting to keep markets balanced next year. ... Brent $95-96, WTI $90 "The 2022 average price for WTI ...
Kaneva and her team predict Brent ... or a wider mid-Eastern war to really send prices back up to the 2022 or 2023 highs.” ... expects prices at the pump to average $3.20 per gallon next year ...
Despite a fall in prices due to negative economic news leading to expectations of lower demand, oil rose the next week for the first time in two months, with Brent finishing at $76.55 and WTI at $71.43. Also contributing to lower prices was a prediction of lower interest rates. [45]
The average price of gasoline in the United States increased 6 ... leading to predictions of $4 by early 2012. ... with Brent ending second quarter 2023 at $74.90 ...
One result of those slack prices is that U.S. average pump prices for gasoline fell to $3.03 a gallon this week, the lowest since May, 2021 and well down from their record peak of $5.02 from June ...
Oil platform in the North Sea. Brent Crude may refer to any or all of the components of the Brent Complex, a physically and financially traded oil market based around the North Sea of Northwest Europe; colloquially, Brent Crude usually refers to the price of the ICE (Intercontinental Exchange) Brent Crude Oil futures contract or the contract itself.
NEW YORK (Reuters) -Oil prices eased about 1% to a one-week low on Tuesday on demand worries following the release of negative economic news from Germany and China, while investors remained ...
The breakeven price for North American shale oil was US$68 a barrel in 2015, making it one of the most expensive to produce. By 2019, the "average Brent breakeven price for tight oil was about US$46 per barrel. The breakeven price of oil from Saudi Arabia and other Middle Eastern countries was US$42, in comparison. [141]