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Historical Data 1960-2012Monthly and Annual StatisticsIMF Commodity prices, Coal Prices, Natural Gas Prices Commodity Prices Forecast 
BP Energy Outlook 2030 GDP forecast to 2060 More Energy Statistics ...  Gold  Silver  Copper  Aluminium  Nickel  Zinc  
G20 Economic ForecastGDP growthInflationUnemploymentGovernment DebtCurrent Account Balance 

Changes of world crude oil price have always been in the focus of economic and financial news. The higher crude oil prices are, the more positive is the economic outlook for petroleum exporters. On the contrary, countries dependent on petroleum imports suffer from high energy prices.

In October 2013 The World Bank released its Commodity Forecast, which predicts that world crude oil price will decrease from $105/barr. in 2012 to  $98.7/barr. by 2020. According to Commodity Price Forecast from IMF, spot average price fore crude oil will drop to $86.7/barr. by 2018

Author: Ivan Kolesnikov