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Uk Brent Crude Oil Price Changes Since 1976
What is UK's average crude oil price in u.s. dollars per barrel? As of 2025*, it's 69.1 Average crude oil price in U.S. dollars per barrel, down from 108.6 Average crude oil price in U.S. dollars per barrel in 2013.
| Label | Average crude oil price in U.S. dollars per barrel |
|---|---|
| 2013 | 108.56 Average crude oil price in U.S. dollars per barrel |
| 2014 | 98.97 Average crude oil price in U.S. dollars per barrel |
| 2015 | 52.32 Average crude oil price in U.S. dollars per barrel |
| 2016 | 43.67 Average crude oil price in U.S. dollars per barrel |
| 2017 | 54.25 Average crude oil price in U.S. dollars per barrel |
| 2018 | 71.34 Average crude oil price in U.S. dollars per barrel |
| 2019 | 64.3 Average crude oil price in U.S. dollars per barrel |
| 2020 | 41.96 Average crude oil price in U.S. dollars per barrel |
| 2021 | 70.86 Average crude oil price in U.S. dollars per barrel |
| 2022 | 100.93 Average crude oil price in U.S. dollars per barrel |
| 2023 | 82.49 Average crude oil price in U.S. dollars per barrel |
| 2024 | 80.52 Average crude oil price in U.S. dollars per barrel |
| 2025* | 69.14 Average crude oil price in U.S. dollars per barrel |
Data Source: Wantstats Repository
Uk Brent Crude Oil Price Changes Since 1976: Key Points
- UK's brent Crude Oil Price Changes Since 1976 reached 80.52 Average crude oil price in U.S. dollars per barrel in 2024. That is down on the 108.56 Average crude oil price in U.S. dollars per barrel recorded in 2013, a fall of about 26%.
- 2015: falls away sharply to 52.32 Average crude oil price in U.S. dollars per barrel (-47%).
- 2020: collapses to 41.96 Average crude oil price in U.S. dollars per barrel (-35%).
- 2021: spikes to 70.86 Average crude oil price in U.S. dollars per barrel (+69%).
- 2022: shoots up to 100.93 Average crude oil price in U.S. dollars per barrel (+42%).
- Full span, 2013 to 2024: net loss of 25.8%, ending at 80.52 Average crude oil price in U.S. dollars per barrel.
Reading A Choppy Series
With movement this mixed, it is worth being skeptical of anyone drawing a strong conclusion from just the start and end points.
Timing matters here: 2020 is when most of the world went through some version of pandemic disruption. This chart's dip landing in that same year is worth keeping in mind, even without certainty about the specific cause.
On its own, this line shows movement, not meaning. Whether UK's brent Crude Oil Price Changes Since 1976 trend here is a success or a warning sign depends on context this single chart doesn't carry — comparable countries, policy changes, or a longer time horizon.
Check the source link for methodology before quoting a specific year from this chart — UK's underlying statistics agency, like most, revises and re-estimates historical figures as better data comes in.
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