In that statement, Wood Mackenzie revealed that its latest monthly oil market outlook sees Brent crude oil prices averaging $73 per barrel in 2025. That’s down $7 per barrel per barrel from 2024 ...

Brent crude oil prices are projected to average $73/bbl in 2025, down $7/bbl from 2024, according to Wood Mackenzie’s latest monthly oil market outlook. Brent crude oil prices are projected to ...

In its latest market outlook, Wood Mackenzie forecasts Brent crude oil price will average $73.00/bbl in 2025. This projection considers geopolitical and economic factors, including potential peace ...