Long-term Brent price of US$60/bbl maintained – oil and gas price assumptions versus forecasts

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We have maintained our long-term base Brent price at US$60/bbl in Q3 2023. Our price setting methodology is underpinned by proprietary global upstream M&A market analysis and recent transactions are supportive of our latest assumption price. Users of Lens weekly updates can screen assets or packages and test sensitivities and user-defined pricing using its integrated multi-asset valuation capabilities.

Table of contents

  • Executive Summary
  • Differences between Wood Mackenzie’s price assumptions and forecasts

Tables and charts

This report includes 1 images and tables including:

  • Brent ILTOP versus WM assumptions

What's included

This report contains:

  • Document

    Wood Mackenzie Price Assumptions Q3 2023.xlsx

    XLSX 43.82 KB

  • Document

    Wood Mackenzie Price Assumptions Q3 2023.pdf

    PDF 1.03 MB