Forecasted oil prices in the United Kingdom from 2017 to 2023 (in U.S. dollars per barrel)

United Kingdom (UK) oil price forecast in U.S. dollars 2017-2023 This statistic shows the forecasted price of oil in the United Kingdom (UK) from 2017 to 2023, in U.S. dollars per barrel. The price of oil is expected to increase to 61.8 U.S. dollars in 2022/2023.
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U.S. dollars per barrel
2016/17* 44
2017/18 54.6
2018/19 64
2019/20 60.1
2020/21 59.6
2021/22 60.6
2022/2361.8
U.S. dollars per barrel
2016/17* 44
2017/18 54.6
2018/19 64
2019/20 60.1
2020/21 59.6
2021/22 60.6
2022/2361.8
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Description Source More information
This statistic shows the forecasted price of oil in the United Kingdom (UK) from 2017 to 2023, in U.S. dollars per barrel. The price of oil is expected to increase to 61.8 U.S. dollars in 2022/2023.
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Release date
March 2017
Region
United Kingdom
Survey time period
March 2018
Supplementary notes
* Outturn
**Calendar year.

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