Published on Data Blog

Chart: the future price of oil?

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.
 


Authors

Tariq Khokhar

Global Data Editor & Senior Data Scientist

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