Diesel: monthly fuel price in London 2014-2019

Price of diesel fuel in London between January 2014 and July 2019* (in pence per liter)

by Ian Tiseo, last edited Aug 23, 2019
Diesel: monthly fuel price in London 2014-2019 The price of diesel fuel in London fluctuated during the period of consideration. In January 2014, prices per liter amounted 137.6 pence, and by January 2016 had fallen to a low of 102.5 pence. The following January, prices had increased by approximately 10 pence per liter, and this trend continued in the following years. London has a reputation for being expensive, and the cost of diesel is no exception. Since 2018, prices in the capital have been more expensive than the UK average.

Diesel production and trade

The production of diesel fuel for road vehicles (DERV) has been in a steady decline since 2011, falling from 16.8 million metric tons to 12.6 million by 2018. In comparison, imports of the fuel have increased annually since 2010, except for a slight decline in 2017. In 2018, imports stood at 14.4 million metric tons.

Road transport consumption

Since the turn of the century, the annual consumption of diesel fuel for all types of road transportation has increased by almost half. By 2017, consumption reached 25 million metric tons. In the same year the average fuel consumption of new diesel cars in Great Britain was 61.2 miles per gallon.
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Price of diesel fuel in London between January 2014 and July 2019* (in pence per liter)

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