Wholesale price for crude oil in the United Kingdom is projected to rise from 57 to 90 U.S. dollars per barrel between 2020 and 2035, respectively. Figures are expected to remain at 90 U.S. dollars per barrel in 2040.
Wholesale price projection of crude oil in United Kingdom (UK) from 2020 to 2040*
(in U.S. dollars per barrel)
Characteristic
Prices in U.S. dollars per barrel
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* 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).
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UK Department for Business, Energy and Industrial Strategy. (November 23, 2020). Wholesale price projection of crude oil in United Kingdom (UK) from 2020 to 2040* (in U.S. dollars per barrel) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/496324/crude-oil-prices-projection-uk/
UK Department for Business, Energy and Industrial Strategy. "Wholesale price projection of crude oil in United Kingdom (UK) from 2020 to 2040* (in U.S. dollars per barrel)." Chart. November 23, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/496324/crude-oil-prices-projection-uk/
UK Department for Business, Energy and Industrial Strategy. (2020). Wholesale price projection of crude oil in United Kingdom (UK) from 2020 to 2040* (in U.S. dollars per barrel). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/496324/crude-oil-prices-projection-uk/
UK Department for Business, Energy and Industrial Strategy. "Wholesale Price Projection of Crude Oil in United Kingdom (Uk) from 2020 to 2040* (in U.S. Dollars per Barrel)." Statista, Statista Inc., 23 Nov 2020, https://www.statista.com/statistics/496324/crude-oil-prices-projection-uk/
UK Department for Business, Energy and Industrial Strategy, Wholesale price projection of crude oil in United Kingdom (UK) from 2020 to 2040* (in U.S. dollars per barrel) Statista, https://www.statista.com/statistics/496324/crude-oil-prices-projection-uk/ (last visited July 22, 2024)
Wholesale price projection of crude oil in United Kingdom (UK) from 2020 to 2040* (in U.S. dollars per barrel) [Graph], UK Department for Business, Energy and Industrial Strategy, November 23, 2020. [Online]. Available: https://www.statista.com/statistics/496324/crude-oil-prices-projection-uk/