Forecast of Export Oil Price in the Country’s Budget for the Year 2025

Abstract
Despite efforts made to reduce the government’s budget dependency on oil, a significant portion of the budget remains directly and indirectly reliant on oil revenues. Therefore, awareness of the likely export oil price for the coming year is of great importance for improving the accuracy of calculations related to annual budget revenues. Considering this, the present report, by reviewing the forecasts of international institutions regarding next year’s oil price, the oil price figures included in the budgets of four oil-exporting countries, and taking into account the conditions of the country’s oil sales under sanctions, predicts that the average export oil price for the year 2025 will be in the range of 61 to 65 US dollars per barrel.
Subjects

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