2023 | 2024 | 2025 | 2026 | |
---|---|---|---|---|
WTI Crude Oila dollars per barrel |
77.58 | 76.60 | 65.22 | 54.82 |
Brent Crude Oil dollars per barrel |
82.41 | 80.56 | 68.89 | 58.48 |
Primary Assumptions | (percent change from prior year) | |||
World Real Gross Domestic Product | 3.4 | 3.5 | 2.9 | 2.9 |
Real U.S. Dollar Exchange Rateb | -0.2 | 2.3 | 1.4 | -0.4 |
aWest Texas Intermediate. Note: Italics indicate forecast. Data source: Short-Term Energy Outlook |
bForeign currency per U.S. dollar. |