Price of oil per metric ton: manufacturing industry in the UK 2010-2018

This statistic shows the price of heavy fuel oil per metric ton for the manufacturing industry in the United Kingdom (UK) between 2010 and 2018 in British pounds per metric ton. The average price of all consumers was 480.41 British pounds in 2018. This was an increase from the previous year.

Average annual price of heavy fuel oil per metric ton for the manufacturing industry in the United Kingdom (UK) from 2010 to 2018 (in British pounds)*

Small consumer**Medium consumer**Large consumer**Average
2018572.49522.95447.91480.41
2017519.71413.2400.49413.81
2016415.19385.5327.99359.49
2015406.28411.49313.02359.6
2014558.8519.4519.1524.4
2013675.4581.7570.5588.2
2012651.8592.8605.8607.3
2011625.6537.5581.8572
2010506.9461496.6471.5
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Source

Release date

March 2019

Region

United Kingdom (Great Britain)

Survey time period

2010 to 2018

Supplementary notes

* Oil product prices include hydrocarbon oil duty. From 23 March 2011 the effective duty rates per tonne are £108.18 for Heavy Fuel Oil and £128.77 for gas oil.
** Small consumers made annual purchases of up to 490 tonnes, medium consumers between 490 and 4,900 and large consumers over 4,900.

From the source: It should be noted that prices for these fuels are drawn from small samples.

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