Citi raised its forecast for the average price of WTI crude oil in Quarter 1 to $67/barrel in 2025, and raised its forecast for the average price of Brent crude oil from $65/barrel to $71/barrel.
Reuters survey: It is expected that the average price of Brent crude oil in 2025 will be $74.33/barrel, and it is estimated to be $74.53/barrel in November; it is expected that the average price of US crude oil in 2025 will be $70.86/barrel, and it is estimated to be $70.69/barrel in November.
Reuters poll: Brent crude oil is expected to average $83.66/barrel in 2024 (estimated in June at $83.93/barrel).