Oil prices forecast in the UK 2023-2030
In 2023/24 oil prices in the United Kingdom are expected to reach 66.17 British pounds per barrel, before falling to 61.89 pounds per barrel in 2024/25, and 52.96 pounds per barrel by 2027/28.
Forecasted oil prices in the United Kingdom from 2023/24 to 2029/30 (in GBP per barrel)
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* For commercial use only
Basic Account
For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
- Free Statistics
Based on your interests
Starter Account
For single users
$199 USD
per month, billed annually
1
- Free Statistics
- Premium Statistics
Professional Account
For teams of up to 5 people
$959 USD
per month, billed annually
1
- Free + Premium Statistics
- Reports
- Market Insights
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.
Office for Budget Responsibility. (October 30, 2024). Forecasted oil prices in the United Kingdom from 2023/24 to 2029/30 (in GBP per barrel) [Graph]. In Statista. Retrieved December 30, 2024, 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 2023/24 to 2029/30 (in GBP per barrel)." Chart. October 30, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/374961/united-kingdom-uk-oil-price-forecast-in-gbp/
Office for Budget Responsibility. (2024). Forecasted oil prices in the United Kingdom from 2023/24 to 2029/30 (in GBP per barrel). Statista. Statista Inc.. Accessed: December 30, 2024. 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 2023/24 to 2029/30 (in Gbp per Barrel)." Statista, Statista Inc., 30 Oct 2024, 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 2023/24 to 2029/30 (in GBP per barrel) Statista, https://www.statista.com/statistics/374961/united-kingdom-uk-oil-price-forecast-in-gbp/ (last visited December 30, 2024)
Forecasted oil prices in the United Kingdom from 2023/24 to 2029/30 (in GBP per barrel) [Graph], Office for Budget Responsibility, October 30, 2024. [Online]. Available: https://www.statista.com/statistics/374961/united-kingdom-uk-oil-price-forecast-in-gbp/