This statistic shows the forecasted price of oil in the United Kingdom (UK) from 2017 to 2024, in U.S. dollars per barrel. The price of oil is expected to increase to 64.5 U.S. dollars in 2023/24.
Forecasted oil prices in the United Kingdom from 2017 to 2024 (in U.S. dollars per barrel)
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Statistics on Oil and gasoline prices
Overview
2
Crude oil benchmarks
8
- Basic Statistic Weekly oil prices in Brent, OPEC basket, and WTI futures 2020-2023
- Basic Statistic Brent crude oil price annually 1976-2023
- Basic Statistic Monthly crude oil price average for Brent 2020-2023
- Premium Statistic OPEC oil price annually 1960-2023
- Basic Statistic Monthly average crude oil prices of the OPEC basket 2020-2023
- Basic Statistic West Texas Intermediate annual average oil price 1976-2023
- Basic Statistic West Texas Intermediate (WTI) crude oil price monthly 2020-2023
- Premium Statistic WTI crude oil price in times of global crisis 1968-2022
Crude oil prices by select country
5
- Premium Statistic Prices of OPEC Reference Basket oils 2002-2021
- Basic Statistic Oil price of Dubai Fateh 1973-2021
- Premium Statistic Venezuela's Merey average crude oil price 2019-2022
- Premium Statistic Urals crude oil price monthly 2007-2023
- Premium Statistic Average annual WCS oil price 2005-2021
Gasoline prices by select country
8
- Premium Statistic Annual gas prices in the United States 1990-2021
- Premium Statistic Canada: average retail price for regular, unleaded gasoline 2015-2022
- Premium Statistic Regular and premium gasoline prices in Mexico 2017-2021, by type
- Premium Statistic Prices of unleaded gasoline (95 RON) in Germany 2000-2021
- Premium Statistic Prices of unleaded gasoline (95 RON) in Italy 2000-2021
- Premium Statistic Prices of unleaded gasoline (95 RON) in Poland 2004-2021
- Premium Statistic Gasoline price in Russia monthly 2021-2023
- Premium Statistic Monthly unleaded 95 octane fuel prices in the United Kingdom (UK) 2017-2022
Outlook
3
Further related statistics
15
- Price of crude oil imported to Italy 2000-2020
- WTI price highlights 2008-2018
- OPEC+ deal oil output cut distribution in 2020, by country
- Brent breakeven price for new global oil projects by source type 2014-2020
- Projection of the wholesale price of crude oil in the United Kingdom (UK) 2020-2040
- Economic impact of falling oil and gas prices on U.S. economy 2015
- Global breakeven offshore oil price by company and project 2018
- Price of fuel oil in New Zealand 2012-2021, by type
- Quarterly oil price forecast for UK Brent and West Texas Intermediate 2015
- View on declining oil prices on the transport sector in the Middle East 2016
- Domestic first purchase crude oil prices in the U.S. 1975-2021
- Oil imports barrel price in Brazil 2009-2021
- View on declining oil prices on energy and utilities in the Middle East 2016
- Average prices for soybeans worldwide from 2014 to 2024
- Impact of EU-UK trade agreement on GDP by 2022
Further Content: You might find this interesting as well
Statistics
- Price of crude oil imported to Italy 2000-2020
- WTI price highlights 2008-2018
- OPEC+ deal oil output cut distribution in 2020, by country
- Brent breakeven price for new global oil projects by source type 2014-2020
- Projection of the wholesale price of crude oil in the United Kingdom (UK) 2020-2040
- Economic impact of falling oil and gas prices on U.S. economy 2015
- Global breakeven offshore oil price by company and project 2018
- Price of fuel oil in New Zealand 2012-2021, by type
- Quarterly oil price forecast for UK Brent and West Texas Intermediate 2015
- View on declining oil prices on the transport sector in the Middle East 2016
- Domestic first purchase crude oil prices in the U.S. 1975-2021
- Oil imports barrel price in Brazil 2009-2021
- View on declining oil prices on energy and utilities in the Middle East 2016
- Average prices for soybeans worldwide from 2014 to 2024
- Impact of EU-UK trade agreement on GDP by 2022
Topics

Office for Budget Responsibility. (March 13, 2019). Forecasted oil prices in the United Kingdom from 2017 to 2024 (in U.S. dollars per barrel) [Graph]. In Statista. Retrieved March 26, 2023, from https://www.statista.com/statistics/374953/oil-price-forecast-dollars/
Office for Budget Responsibility. "Forecasted oil prices in the United Kingdom from 2017 to 2024 (in U.S. dollars per barrel)." Chart. March 13, 2019. Statista. Accessed March 26, 2023. https://www.statista.com/statistics/374953/oil-price-forecast-dollars/
Office for Budget Responsibility. (2019). Forecasted oil prices in the United Kingdom from 2017 to 2024 (in U.S. dollars per barrel). Statista. Statista Inc.. Accessed: March 26, 2023. https://www.statista.com/statistics/374953/oil-price-forecast-dollars/
Office for Budget Responsibility. "Forecasted Oil Prices in The United Kingdom from 2017 to 2024 (in U.S. Dollars per Barrel)." Statista, Statista Inc., 13 Mar 2019, https://www.statista.com/statistics/374953/oil-price-forecast-dollars/
Office for Budget Responsibility, Forecasted oil prices in the United Kingdom from 2017 to 2024 (in U.S. dollars per barrel) Statista, https://www.statista.com/statistics/374953/oil-price-forecast-dollars/ (last visited March 26, 2023)
Forecasted oil prices in the United Kingdom from 2017 to 2024 (in U.S. dollars per barrel) [Graph], Office for Budget Responsibility, March 13, 2019. [Online]. Available: https://www.statista.com/statistics/374953/oil-price-forecast-dollars/