Oil Price Forecast 2021-2050 - The Balance
Nov 10, 2021 · Oil Price Forecast 2025 to 2050. The EIA predicts that by 2025 Brent crude oil's nominal price will rise to $66/b. By 2030, world demand is seen driving Brent prices to $89/b. By 2040, prices are projected to be $132/b. By then, the cheap oil sources will have been exhausted, making it more expensive to extract oil.
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