Weekly crude oil prices have been surging to highs not seen since 2008 as the Russia-Ukraine war has had severe implications for the trading of numerous commodities from oil to wheat.
The price of West Texas Intermediate (WTI) crude oil is expected to reach an average of 102.47 U.S. dollars per barrel in 2022, according to a June 2022 forecast. West Texas Intermediate crude oil prices in 2020 and 2021, with a forecast to 2023 (in U.S. dollars per barrel)
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EIA. (June 7, 2022). West Texas Intermediate crude oil prices in 2020 and 2021, with a forecast to 2023 (in U.S. dollars per barrel) [Graph]. In Statista. Retrieved July 04, 2022, from https://www.statista.com/statistics/206764/forecast-for-west-texas-intermediate-crude-oil-prices/
EIA. "West Texas Intermediate crude oil prices in 2020 and 2021, with a forecast to 2023 (in U.S. dollars per barrel)." Chart. June 7, 2022. Statista. Accessed July 04, 2022. https://www.statista.com/statistics/206764/forecast-for-west-texas-intermediate-crude-oil-prices/
EIA. (2022). West Texas Intermediate crude oil prices in 2020 and 2021, with a forecast to 2023 (in U.S. dollars per barrel). Statista. Statista Inc.. Accessed: July 04, 2022. https://www.statista.com/statistics/206764/forecast-for-west-texas-intermediate-crude-oil-prices/
EIA. "West Texas Intermediate Crude Oil Prices in 2020 and 2021, with a Forecast to 2023 (in U.S. Dollars per Barrel)." Statista, Statista Inc., 7 Jun 2022, https://www.statista.com/statistics/206764/forecast-for-west-texas-intermediate-crude-oil-prices/
EIA, West Texas Intermediate crude oil prices in 2020 and 2021, with a forecast to 2023 (in U.S. dollars per barrel) Statista, https://www.statista.com/statistics/206764/forecast-for-west-texas-intermediate-crude-oil-prices/ (last visited July 04, 2022)