We forecast benchmark Brent crude oil prices will fall from an average of $81 per barrel (b) in 2024 to $74/b in 2025 and $66/b in 2026, as strong global growth in production of petroleum and other liquids and slower demand growth put downward pressure on prices and help offset heightened geopolitical risks and voluntary production restraint from OPEC+ members. This forecast was completed before the United States issued additional sanctions targeting Russia’s oil sector on January 10, which have the potential to reduce Russia’s oil exports to the global market.
No watches are valid as of Wed Apr 16 10:53:01 UTC 2025.
No Mesoscale Discussions are in effect as of Wed Apr 16 10:53:01 UTC 2025.
Day 4-8 Outlook Day 4-8 Convective Outlook NWS Storm Prediction Center Norman OK 0351 AM…
SPC 0730Z Day 3 Outlook Day 3 Convective Outlook NWS Storm Prediction Center Norman OK…
* WHAT...Southwest winds 25 to 35 mph with gusts up to 50 mph expected. *…
...Dangerous Fire Weather Conditions Along and South of Highway 24 Thursday Afternoon; Northerly Wind Shift…
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