In 2022/23 oil prices in the United Kingdom are expected to reach 70.1 British pounds per barrel, before falling to 62.3 pounds per barrel in 2023/24, and 58.4 pounds per barrel in 2024/25.
Forecasted oil prices in the United Kingdom from 2020/21 to 2026/27
(in GBP per barrel)
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Office for Budget Responsibility. (March 23, 2022). Forecasted oil prices in the United Kingdom from 2020/21 to 2026/27 (in GBP per barrel) [Graph]. In Statista. Retrieved July 04, 2022, from https://www.statista.com/statistics/374961/united-kingdom-uk-oil-price-forecast-in-gbp/
Office for Budget Responsibility. "Forecasted oil prices in the United Kingdom from 2020/21 to 2026/27 (in GBP per barrel)." Chart. March 23, 2022. Statista. Accessed July 04, 2022. https://www.statista.com/statistics/374961/united-kingdom-uk-oil-price-forecast-in-gbp/
Office for Budget Responsibility. (2022). Forecasted oil prices in the United Kingdom from 2020/21 to 2026/27 (in GBP per barrel). Statista. Statista Inc.. Accessed: July 04, 2022. https://www.statista.com/statistics/374961/united-kingdom-uk-oil-price-forecast-in-gbp/
Office for Budget Responsibility. "Forecasted Oil Prices in The United Kingdom from 2020/21 to 2026/27 (in Gbp per Barrel)." Statista, Statista Inc., 23 Mar 2022, https://www.statista.com/statistics/374961/united-kingdom-uk-oil-price-forecast-in-gbp/
Office for Budget Responsibility, Forecasted oil prices in the United Kingdom from 2020/21 to 2026/27 (in GBP per barrel) Statista, https://www.statista.com/statistics/374961/united-kingdom-uk-oil-price-forecast-in-gbp/ (last visited July 04, 2022)
