United Kingdom (UK) oil price forecast in GBP 2017-2024
Forecasted oil prices in the United Kingdom (UK) from 2017 to 2024 (in GBP per barrel)*
by Daniel Clark,
last edited
Mar 25, 2019
This statistic shows the predicted price of oil in the United Kingdom (UK) from 2017 to 2024 in British pounds (GBP) per barrel. The price of oil is expected to increase to 64.5 British pounds in 2023/24.
Forecasted oil prices in the United Kingdom (UK) from 2017 to 2024 (in GBP per barrel)*
Loading statistic...
| GBP per barrel | |
|---|---|
| 2023/24 | 64.5 |
| 2022/23 | 63.3 |
| 2021/22 | 62 |
| 2020/21 | 61.6 |
| 2019/20 | 62.1 |
| 2018/19 | 71.3 |
| 2017/18 | 54.6 |
| GBP per barrel | |
|---|---|
| 2023/24 | 64.5 |
| 2022/23 | 63.3 |
| 2021/22 | 62 |
| 2020/21 | 61.6 |
| 2019/20 | 62.1 |
| 2018/19 | 71.3 |
| 2017/18 | 54.6 |
© Statista 2019
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Source: Office for Budget Responsibility
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Description
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by Daniel Clark,
last edited
Mar 25, 2019
This statistic shows the predicted price of oil in the United Kingdom (UK) from 2017 to 2024 in British pounds (GBP) per barrel. The price of oil is expected to increase to 64.5 British pounds in 2023/24.
- Source
- Office for Budget Responsibility
- Show further sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- March 2019
- Region
- United Kingdom
- Survey time period
- March 2019
Source
- Source
- Office for Budget Responsibility
- Show further sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- March 2019
More information
- Region
- United Kingdom
- Survey time period
- March 2019
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