Oil Prices Forecast for 2020 and 2021
Oil Prices Forecast for 2020 and 2021 Chart suggesting $42.6 per barrel for 2020 and $35.9 per barrel for 2021. Image: Oxford Economics
Oil Prices Forecast for 2020 and 2021 Chart suggesting $42.6 per barrel for 2020 and $35.9 per barrel for 2021. Image: Oxford Economics
Impact on U.S. Real GDP from Lower Oil Prices More cautious consumers would lead a net negative impact on overall GDP growth Image: Morgan Stanley Research
ICE Brent Crude Oil Price and NYMEX Crude Oil Price Oil price plummets, as OPEC+ failed to agree production cuts. Image: The Daily Shot
History of Oil Prices Since 1861 This chart is a good illustration of oil price volatility over time. Image: Goldman Sachs Global Investment Research
Global GDP and Brent Crude Oil Price High oil prices can cause recessions. Image: MarketWatch
War Scenario for the Oil Price A war between U.S./Saudi Arabia and Iran could lead to soaring oil prices and a global recession. Image: Danske Bank Research
Global Impact of Rising Oil Prices on Global GDP and Inflation Nice chart showing the global impact of rising oil prices on GDP and inflation. Image: Oxford Economics
S&P 500 Sales Growth vs. Oil Price This chart shows the good correlation between S&P 500 sales growth and the price of oil. Image: J.P. Morgan
Oil Prices and OPEC Market Share OPEC’s market share is falling. Interesting chart showing oil prices and OPEC market share. Image: Morgan Stanley Research
Eurozone Inflation and Brent Oil Prices This interesting chart shows the direct effect of brent oil prices (YoY % change) on euro area inflation. Image: Jeroen Blokland
Should Investors Be Concerned About Rising Oil Prices? Because the U.S. becomes entirely self-sufficient, it helps to contain oil prices in the long-term. Cheap oil is good for global economic growth, business and consumers. Image: J.P. Morgan Asset Management