EIA forecasts crude oil prices will decline during 2022 - U.S. Energy Information Administration (EIA)
![EIA on X: "Annual average price of Brent crude #oil: 🛢️ 2023: $83 per barrel 🛢️ 2022: $101 per barrel ➡️ https://t.co/wZ1Pgfn4tr https://t.co/IAqLWlrDsT" / X EIA on X: "Annual average price of Brent crude #oil: 🛢️ 2023: $83 per barrel 🛢️ 2022: $101 per barrel ➡️ https://t.co/wZ1Pgfn4tr https://t.co/IAqLWlrDsT" / X](https://pbs.twimg.com/media/GC3A2cRWEAEoJ5s.png)
EIA on X: "Annual average price of Brent crude #oil: 🛢️ 2023: $83 per barrel 🛢️ 2022: $101 per barrel ➡️ https://t.co/wZ1Pgfn4tr https://t.co/IAqLWlrDsT" / X
![Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma (MCOILWTICO) | FRED | St. Louis Fed Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma (MCOILWTICO) | FRED | St. Louis Fed](https://fred.stlouisfed.org/graph/fredgraph.png?id=MCOILBRENTEU&nsh=1&width=600&height=400)
Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma (MCOILWTICO) | FRED | St. Louis Fed
![Fact #986, July 17, 2017: The Price of a Barrel of Crude Oil in 2016 Was the Lowest Since 2003 | Department of Energy Fact #986, July 17, 2017: The Price of a Barrel of Crude Oil in 2016 Was the Lowest Since 2003 | Department of Energy](https://www.energy.gov/sites/default/files/styles/full_article_width/public/2017/07/f35/fotw986.png?itok=o4kBum_3)