Published on Data Blog

Chart: the future price of oil?

Tariq Khokhar

January 26, 2016

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The World Bank's forecast for the average oil price in 2016 is $37 per barrel. Commodity Markets Outlook provides a quarterly analysis of international commodity markets, and the oil forecast reflects factors including a slowing global economy, high oil inventories and unchanged OPEC policy prioritizing market share.

Energy

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Tariq Khokhar

Global Data Editor & Senior Data Scientist

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