2023 | 2024 | 2025 | 2026 | |
---|---|---|---|---|
WTI Crude Oila dollars per barrel |
77.58 | 76.60 | 70.68 | 64.97 |
Brent Crude Oil dollars per barrel |
82.41 | 80.56 | 74.22 | 68.47 |
Primary Assumptions | (percent change from prior year) | |||
World Real Gross Domestic Product | 3.2 | 3.2 | 3.1 | 3.2 |
Real U.S. Dollar Exchange Rateb | -0.2 | 2.3 | 5.7 | -0.8 |
aWest Texas Intermediate. Note: Italics indicate forecast. Data source: Short-Term Energy Outlook |
bForeign currency per U.S. dollar. |