Global Price Forecasts

UK Oil

March 2026
last month ($/BBL)
69.37
PGPICC forecast ($/BBL)
97.5
Monthly Average Price ($/BBL)
99.6
Percentage change in price
43.6%
Accuracy percentage
97.9%
February 2026
last month ($/BBL)
64.73
PGPICC forecast ($/BBL)
65.5
Monthly Average Price ($/BBL)
69.37
Percentage change in price
7.2%
Accuracy percentage
94.4%
January 2026
last month ($/BBL)
61.63
PGPICC forecast ($/BBL)
60
Monthly Average Price ($/BBL)
64.73
Percentage change in price
5%
Accuracy percentage
92.7%
December 2025
last month ($/BBL)
63.3
PGPICC forecast ($/BBL)
64
Monthly Average Price ($/BBL)
61.63
Percentage change in price
-2.6%
Accuracy percentage
96.2%
November 2025
last month ($/BBL)
64
PGPICC forecast ($/BBL)
65
Monthly Average Price ($/BBL)
63.3
Percentage change in price
-1.1%
Accuracy percentage
97.3%
October 2025
last month ($/BBL)
67.6
PGPICC forecast ($/BBL)
65.5
Monthly Average Price ($/BBL)
64
Percentage change in price
-5.3%
Accuracy percentage
97.7%
September 2025
last month ($/BBL)
67.3
PGPICC forecast ($/BBL)
67
Monthly Average Price ($/BBL)
67.6
Percentage change in price
0.4%
Accuracy percentage
99.1%
August 2025
last month ($/BBL)
69.6
PGPICC forecast ($/BBL)
70
Monthly Average Price ($/BBL)
67.3
Percentage change in price
-3.3%
Accuracy percentage
96%
July 2025
last month ($/BBL)
69.8
PGPICC forecast ($/BBL)
68
Monthly Average Price ($/BBL)
69.6
Percentage change in price
-0.3%
Accuracy percentage
97.7%
June 2025
last month ($/BBL)
64
PGPICC forecast ($/BBL)
64
Monthly Average Price ($/BBL)
69.8
Percentage change in price
9.1%
Accuracy percentage
91.7%
May 2025
last month ($/BBL)
66.46
PGPICC forecast ($/BBL)
61
Monthly Average Price ($/BBL)
64
Percentage change in price
-3.7%
Accuracy percentage
95.3%
April 2025
last month ($/BBL)
71.5
PGPICC forecast ($/BBL)
66.5
Monthly Average Price ($/BBL)
66.46
Percentage change in price
-7%
Accuracy percentage
99.9%
March 2025
last month ($/BBL)
75
PGPICC forecast ($/BBL)
73.5
Monthly Average Price ($/BBL)
71.5
Percentage change in price
-4.7%
Accuracy percentage
97.2%
February 2025
last month ($/BBL)
78.3
PGPICC forecast ($/BBL)
76.5
Monthly Average Price ($/BBL)
75
Percentage change in price
-4.2%
Accuracy percentage
98%
January 2025
last month ($/BBL)
73.1
PGPICC forecast ($/BBL)
74
Monthly Average Price ($/BBL)
78.3
Percentage change in price
7.1%
Accuracy percentage
94.5%
December 2024
last month ($/BBL)
73.4
PGPICC forecast ($/BBL)
73.5
Monthly Average Price ($/BBL)
73.1
Percentage change in price
-0.4%
Accuracy percentage
99.5%
November 2024
last month ($/BBL)
75.4
PGPICC forecast ($/BBL)
75
Monthly Average Price ($/BBL)
73.4
Percentage change in price
-2.7%
Accuracy percentage
97.8%
October 2024
last month ($/BBL)
72.9
PGPICC forecast ($/BBL)
75
Monthly Average Price ($/BBL)
75.4
Percentage change in price
3.4%
Accuracy percentage
99.5%
September 2024
last month ($/BBL)
78.9
PGPICC forecast ($/BBL)
73.5
Monthly Average Price ($/BBL)
72.9
Percentage change in price
-7.6%
Accuracy percentage
99.2%
August 2024
last month ($/BBL)
83.9
PGPICC forecast ($/BBL)
78.5
Monthly Average Price ($/BBL)
78.9
Percentage change in price
-6%
Accuracy percentage
99.5%
July 2024
last month ($/BBL)
83
PGPICC forecast ($/BBL)
86
Monthly Average Price ($/BBL)
83.9
Percentage change in price
1.1%
Accuracy percentage
97.5%
June 2024
last month ($/BBL)
83
PGPICC forecast ($/BBL)
78.5
Monthly Average Price ($/BBL)
83
Percentage change in price
0%
Accuracy percentage
94.6%
May 2024
last month ($/BBL)
89
PGPICC forecast ($/BBL)
89
Monthly Average Price ($/BBL)
83
Percentage change in price
-6.7%
Accuracy percentage
92.8%
April 2024
last month ($/BBL)
84.7
PGPICC forecast ($/BBL)
90
Monthly Average Price ($/BBL)
89
Percentage change in price
5.1%
Accuracy percentage
98.9%
March 2024
last month ($/BBL)
81.72
PGPICC forecast ($/BBL)
82.5
Monthly Average Price ($/BBL)
84.7
Percentage change in price
3.6%
Accuracy percentage
97.4%
February 2024
last month ($/BBL)
79.15
PGPICC forecast ($/BBL)
79.5
Monthly Average Price ($/BBL)
81.72
Percentage change in price
3.2%
Accuracy percentage
97.3%
January 2024
last month ($/BBL)
0
PGPICC forecast ($/BBL)
76.5
Monthly Average Price ($/BBL)
79.15
Percentage change in price
—
Accuracy percentage
96.7%