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1005889
registered interest false more like this
date less than 2018-11-12more like thismore than 2018-11-12
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Oil: Prices more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the cost of a barrel of crude oil over the next 12 months. more like this
tabling member constituency Hendon remove filter
tabling member printed
Dr Matthew Offord more like this
uin 190432 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-19more like thisremove minimum value filter
answer text <p>Future oil prices are inherently uncertain. In their October 2018 Economic and Fiscal Outlook the OBR assumed oil prices would average 80.2 US dollars per barrel in 2019 based on forward market prices, although oil prices have subsequently fallen in recent weeks. See <a href="https://obr.uk/download/october-2018-economic-and-fiscal-outlook-supplementary-economy-tables/" target="_blank">https://obr.uk/download/october-2018-economic-and-fiscal-outlook-supplementary-economy-tables/</a> (Table 1.9).</p> more like this
answering member constituency Devizes remove filter
answering member printed Claire Perry remove filter
question first answered
remove filter
answering member
3974
label Biography information for Claire Perry more like this
tabling member
4006
label Biography information for Dr Matthew Offord more like this