Forecast 2025 Price Forecast. Oversupply risks loom as opec and iea diverge on demand forecasts. Worldwide gdp is forecast to expand 2.7% next year on an annual average basis, just above the consensus forecast of economists surveyed by bloomberg and matching the estimated growth in 2024.
For the u.s., core inflation is based on the core personal consumption expenditures index. We now expect ice brent to average us$80/bbl in the fourth quarter of this year, down from our previous forecast of us$84/bbl.