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Projection of the wholesale price of crude oil in the United Kingdom (UK) 2020-2035

This statistic shows a projection of the wholesale price for crude oil in the United Kingdom (UK) from 2020 to 2035, in U.S. dollars per barrel of crude oil. It shows that the UK crude oil price is expected to be 84.7 U.S. dollars per barrel of crude oil in 2035.

Wholesale price projection of crude oil in United Kingdom (UK) from 2020 to 2035

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Source

Release date

May 2019

Region

United Kingdom

Survey time period

2020 to 2035

Supplementary notes

The figures are projections.
Projected data is taken from the reference scenario, which is based on central estimates of economic growth and fossil fuel prices and contains all agreed policies where decisions on policy design are sufficiently advanced to allow robust estimates of impact (i.e. including "planned" policies).

Currency exchange rates are fixed at the 2014 Bank of England annual average spot exchange rate.

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