Crude oil prices increased in 2021 as global crude oil demand outpaced supply - U.S. Energy Information Administration (EIA)
EIA forecasts crude oil prices will decline during 2022 - U.S. Energy Information Administration (EIA)
EIA expects lower crude oil prices for the second half of 2023 and for 2024 - U.S. Energy Information Administration (EIA)
![Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma (ACOILWTICO) | FRED | St. Louis Fed Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma (ACOILWTICO) | FRED | St. Louis Fed](https://fred.stlouisfed.org/graph/fredgraph.png?id=DCOILWTICO&nsh=1&width=600&height=400)