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    WTI Oil Price in Dec 2022

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    Trustworthy News Global Trends 2022

    Question

    Oil, arguably one of, or the most important commodity across the world, is vital for understanding the global economy. The price for any commodity is driven through the intersection between consumer demand and production supply, so we can effectively use the price of oil to understand complications in consumer/producer dynamics.

    What will the price of oil be for December 2022?

    This question will resolve as the global price of WTI crude oil for the month of December 2022, according to the IMF. Data is recorded in US Dollars and is not seasonally adjusted, and represents the price of oil per barrel (42 gallons or 159 liters).

    Categories:
    The Economist 2022
    Industry – Energy
    Industry – Transportation

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