US May EIA WTI crude oil one-year forward average price forecast

U.S. Energy Information Administration announced the US May EIA WTI crude oil one-year forward average price forecast on 2025-05-06.barrel,barrel, with the prior figure recorded as 41.12USD/barrel.

Regarding the US May EIA WTI crude oil one-year forward average price forecast, Data > Expectations = Bullish for Crude Oil, The EIA releases a monthly Short-Term Energy Outlook report, which includes the monthly forecast for the WTI crude oil one-year average price. This forecast is adjusted based on a comprehensive consideration of various factors such as crude oil inventories and market conditions. In addition to the crude oil average price forecast, the report also includes projections for U.S. crude oil production, global daily demand growth for crude oil, natural gas price forecasts, and production forecasts.

This data holds an importance level of , calculated using The EIA raises or lowers its expectations for the average price of crude oil based on various factors, and updates Monthly.

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