US EIA forecasts lower oil prices in 2025, expects production to outpace demand | S&P Global Commodity Insights
![EIA on X: "Annual average price of Brent crude #oil: 🛢️ 2023: $83 per barrel 🛢️ 2022: $101 per barrel ➡️ https://t.co/wZ1Pgfn4tr https://t.co/IAqLWlrDsT" / X EIA on X: "Annual average price of Brent crude #oil: 🛢️ 2023: $83 per barrel 🛢️ 2022: $101 per barrel ➡️ https://t.co/wZ1Pgfn4tr https://t.co/IAqLWlrDsT" / X](https://pbs.twimg.com/media/GC3A2cRWEAEoJ5s.png)
EIA on X: "Annual average price of Brent crude #oil: 🛢️ 2023: $83 per barrel 🛢️ 2022: $101 per barrel ➡️ https://t.co/wZ1Pgfn4tr https://t.co/IAqLWlrDsT" / X
EIA forecasts crude oil prices will decline during 2022 - U.S. Energy Information Administration (EIA)
![Crude Oil Prices Will Increase Through 2024 As Demand Rises Above Supply — EIA Forecast - CleanTechnica Crude Oil Prices Will Increase Through 2024 As Demand Rises Above Supply — EIA Forecast - CleanTechnica](https://cleantechnica.com/wp-content/uploads/2023/08/US-crude-oil-prices.png)