Forecasted oil prices in the United Kingdom (UK) from 2017 to 2022 (in GBP per barrel)

United Kingdom (UK) oil price forecast in GBP 2017-2022 This statistic shows the predicted price of oil in the United Kingdom (UK) from 2017 to 2021 n British pounds (GBP) per barrel. The price of oil is expected to increase to 42.6 British pounds in 2021.
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GBP per barrel
2016 * 32.5
2017 41.7
2018 43.4
2019 41.9
2020 41.9
2021 42.2
2022 42.6
GBP per barrel
2016 * 32.5
2017 41.7
2018 43.4
2019 41.9
2020 41.9
2021 42.2
2022 42.6

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Description Source More information
This statistic shows the predicted price of oil in the United Kingdom (UK) from 2017 to 2021 n British pounds (GBP) per barrel. The price of oil is expected to increase to 42.6 British pounds in 2021.
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Release date
October 2017
Region
United Kingdom
Survey time period
2017*
Supplementary notes
* Outturn *Calendar year.

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