2023 | 2024 | 2025 | 2026 | |
---|---|---|---|---|
WTI Crude Oila dollars per barrel |
77.58 | 76.60 | 62.33 | 55.58 |
Brent Crude Oil dollars per barrel |
82.41 | 80.56 | 65.97 | 59.24 |
Primary Assumptions | (percent change from prior year) | |||
World Real Gross Domestic Product | 3.4 | 3.2 | 2.8 | 2.9 |
Real U.S. Dollar Exchange Rateb | -0.2 | 2.3 | 2.4 | -0.8 |
aWest Texas Intermediate. Note: Italics indicate forecast. Data source: Short-Term Energy Outlook |
bForeign currency per U.S. dollar. |