August 18, 2021

The WTI price (USD $/Bbl)is the light, sweet oil traded and delivered at Cushing Oklahoma, it is the main oil pricing point for North America.

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• This chart shows Incorrys West Texas Intermediate (WTI) price forecast to 2030 .
• Uncertainty in 2020 commodity markets saw WTI pricing fall largely due Covid’s impact.
• The actual price in 2020 of 39.40 USD/Bbl is down 50% compared to the 79.50 USD/Bbl from 2010. The forecast grows marginally from 62.40 USD/Bbl in 2022 to 65.82 USD/MMBtu in 2030.

See Also:

Western Canada Select (WCS) Price Forecast to 2030