Executives from oil and gas companies have shared their projections for the future price of West Texas Intermediate (WTI) crude oil in the Dallas Fed Energy Survey. The survey asked industry leaders where they see the WTI prices over the next several time intervals.
According to responses from 124 firms, the anticipated price of WTI crude in six months is $68 per barrel. In one year, it is expected to rise to $70 per barrel, and in two years, to $74 per barrel. By the five-year mark, the projected price is $82 per barrel.
The previous survey saw executives from the same number of firms predict slightly different figures: $69 per barrel in six months, $71 in a year, $74 in two years, and $80 in five years.
For the price at the end of 2025, the latest survey found an average expectation of $68.32 per barrel. In this survey, the lowest forecast was $50, and the highest was $100 with a spot price of $67.60 during the survey period.
Last time, responses from 131 firms showed an average expected price for the end of 2025 at $71.13. That survey recorded the low at $53 and the high still at $100, with a spot price at $70.66.
The ongoing discussions highlight the variance in expectations underlining factors affecting the oil market.
