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OPEC reference basket - oil price 2016-2040

Projected OPEC reference basket oil price in 2016 and 2040 (in U.S. dollars per barrel)

The data shows a projection of the OPEC reference basket oil price in 2016 and 2040. In 2040, the difference between the nominal price and the real price (2015 USD) is expected to be some 63 USD. The nominal price is an unadjusted number, without taking elements such as inflation, seasonality, loan fees, interest compounding or other factors into account.

2016	40	40
2040	155	92

OPEC reference basket - oil price 2016-2040

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