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.
Forecasted oil prices in the United Kingdom from 2017 to 2023 (in U.S. dollars per barrel)
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 |
| 2022/23 | 61.8 |
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