EnergyUnited Kingdom

Diesel stays near £2 a litre as oil prices fall

UK diesel prices remain close to October's record high even though oil prices have dropped sharply. Heating costs are also set to rise this winter, adding to household bills.

Illustration: Close view of a gas station pump handle and hose in a smudged gray scene with one bright pastel orange nozzle.
Illustration

Diesel is still close to £2 a litre on UK forecourts, even though oil prices have fallen sharply. The AA put the average diesel price at 197p a litre, near the record high set in October, and called the situation dismal.

Petrol has eased more. It fell 6p to 168p, down from a peak of 174.7p in early October, which was its highest level since August 2022.

UK pump prices

  • Diesel average197 pence a litre
  • Petrol average168 pence a litre
  • Petrol October peak174.7 pence a litre

Figures from the AA.

A leading bank official warned that energy costs are likely to stay elevated. Heating costs are set to rise 7% on average this winter.

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United Kingdom
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Energy

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