Monthly fuel price of diesel in the United Kingdom (UK) 2015-2020

Since January 2015, the average price of diesel fuel in the United Kingdom has increased noticeably. Despite initially dropping to a low of 101 pence per liter in February 2016, prices had reached a peak of 136.7 pence per liter by October 2018. The price of diesel in the United Kingdom remained similar in each region, but on average it was Northern Ireland where prices were cheapest.

Diesel cheapest at supermarket forecourts

The market share of motor fuel sold in petrol stations in 2019 was highest at hypermarkets such as Sainsbury’s, Asda and Tesco. This is unsurprising as the price of diesel was on average two to four pence per liter cheaper at supermarket forecourts when compared with the UK average.

Volatile crude oil prices

  One of the influencing factors of the cost of fuel is the volatile nature of crude oil prices globally. Brent Crude oil prices have varied greatly since 2014, and amounted to 64.36 U.S. dollars per barrel in 2019.

Average price of diesel fuel in the United Kingdom (UK) from January 2015 to January 2020

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Source

Release date

January 2020

Region

United Kingdom

Survey time period

2015 to 2020

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Statistics on "Fuel and petrol stations in the UK"

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