Forecast: Gas Oil and Diesel Oil (Excluding Biofuel Portion) Opening Stock in the UK

In 2023, the opening stock of Gas Oil and Diesel Oil in the UK, excluding the biofuel portion, was recorded at 2.07 million metric tons. Moving into the forecast period, the opening stock values show a consistent increase: 2.08 in 2024, 2.09 in 2025, 2.10 in 2026, 2.11 in 2027, and 2.12 in 2028. The year-on-year growth is steady at approximately 0.48% from 2024 to 2028, indicating a stable and gradual increase in stock levels. The compound annual growth rate (CAGR) from 2024 to 2028 is around 0.48%.

Key future trends to watch for include:

  • Potential impacts of regulatory changes on fuel stock management.
  • Market dynamics driven by the growing shift toward renewable energy sources and their effect on fossil fuel demand.
  • Economic influences such as global oil prices and their influence on stock levels.

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