Price Of A Barrel Of Oil 2025. An oil and gas expert has given his prediction to gb news on the price of oil going into 2025 as the organisation of the petroleum exporting countries (opec) is rumoured to be. If producer group opec+ doesn't reduce production further, the average price of oil could drop to $60 per barrel in 2025 due to reduced demand and increased supply from non.
Oil prices are expected to hit $80 per barrel by the end of 2024 but trade around $75 per barrel in 2025, possibly dropping into the low $60s per barrel by the end of the year. In summary, the 2025 oil price forecast suggests a potential decline, with most financial institutions projecting brent and wti prices between $60 and $75 per barrel.