Projected OPEC reference basket oil price in 2016 and 2040
(in U.S. dollars per barrel)
OPEC reference basket - oil price 2016-2040
This statistic displays 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 U.S. dollars) is expected to be some 63 U.S. dollars. The nominal price is an unadjusted number, without taking elements such as inflation, seasonality, loan fees, interest compounding or other factors into account.
Projected OPEC reference basket oil price in 2016 and 2040
(in U.S. dollars per barrel)
Nominal priceReal price (2015)
204015592
20164040
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OPEC reference basket - oil price 2016-2040
This statistic displays 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 U.S. dollars) is expected to be some 63 U.S. dollars. The nominal price is an unadjusted number, without taking elements such as inflation, seasonality, loan fees, interest compounding or other factors into account.
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