Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?
Rextag
FEBRUARY 24, 2025
Oil Price & Market Dynamics (2024-2025) 2024 Oil Price Trends Brent Crude Oil Price (2024 Average): $80 per barrel. WTI (West Texas Intermediate) Price: Averaged $76 per barrel throughout 2024. 2025 Oil Price Forecast Brent Crude (2025 Forecast): $74 per barrel (EIA projection). Gulf Coast refineries. MMBbl/d (+1.8
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