Diesel: monthly fuel price in London 2016-2021
The price of diesel fuel in London fluctuated during the period of consideration. Between January 2016 and January 2021, prices increased by some 19.9 pence, reaching a low of 102.5 pence per liter in January 2016, as a direct result of the global oil glut that year. In January 2021, the average diesel price stood at 122.4 pence per liter. 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.
There are many types of diesel, most commonly a fractional distillate of petroleum fuel oil, all of which are constantly being developed and adapted for the industry. As of 2006, almost all of the petroleum-based diesel fuels in Europe and North America are an ultra-low sulfur diesel (ULSD).
Share of diesel cars in decline
As a result of the diesel scandal, where Volkswagen was discovered to have fitted defeat devices meant to lower emission levels during fuel economy testing, the popularity of the diesel car suffered significantly. Between 2016 and 2020, the share of diesel cars on UK roads halved, amounting to 25.71 percent in 2020 according to preliminary data. This is in direct contrast to the renaissance of petrol fueled cars and the steady gains made by electric vehicles.There are many types of diesel, most commonly a fractional distillate of petroleum fuel oil, all of which are constantly being developed and adapted for the industry. As of 2006, almost all of the petroleum-based diesel fuels in Europe and North America are an ultra-low sulfur diesel (ULSD).
