60 datasets found
  1. Average road fuel prices per week in the UK 2022-2025, by type

    • statista.com
    Updated Aug 28, 2025
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    Statista (2025). Average road fuel prices per week in the UK 2022-2025, by type [Dataset]. https://www.statista.com/statistics/1293135/uk-weekly-average-gas-prices/
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    Dataset updated
    Aug 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 31, 2022 - Aug 25, 2025
    Area covered
    United Kingdom
    Description

    On August 25, 2025, the price of ultra-low sulfur unleaded petrol (gasoline) in the United Kingdom averaged 133.91 pence per liter. This compared to 141.92 pence per liter for diesel. Diesel prices were consistently higher than petrol/gasoline prices throughout this period, although the margin varied. Reasons for such differences in pricing lie in the refining process and molecular makeup of the products, with diesel requiring more complex refining processes and being an overall heavier liquid. As motor fuel pricing in the UK is not regulated by a monitoring body, there may also be notable differences in prices between retailers and regions. Supermarkets provide lowest fuel prices in the UK In the UK, much of the motor fuel is sold through supermarkets. Large supermarkets, or hypermarkets, account for more than 40 percent of all motor fuel sales in the country. The reason for their popularity often lies in the fact that they offer lower average prices. In the last four years, regular petrol/gasoline sold at supermarkets was up to six pence per liter cheaper than the national average. How UK fuel prices compare to the rest of the world Tied as they are to crude oil prices, motor fuels are generally cheapest in major producing countries, such as Iran, Venezuela, and Russia. In Europe, costs of importing the raw or finished products, in addition to taxes and levies, may hike up pump prices significantly. The UK is often among the countries with the highest petrol/gasoline prices, alongside other large European car markets such as France and Germany.

  2. T

    United Kingdom Gasoline Prices

    • tradingeconomics.com
    • fr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, United Kingdom Gasoline Prices [Dataset]. https://tradingeconomics.com/united-kingdom/gasoline-prices
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    xml, csv, json, excelAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1995 - Aug 31, 2025
    Area covered
    United Kingdom
    Description

    Gasoline Prices in the United Kingdom remained unchanged at 1.81 USD/Liter in August. This dataset provides the latest reported value for - United Kingdom Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  3. Monthly diesel fuel price in the UK 2020-2024

    • statista.com
    Updated Jun 25, 2025
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    Statista (2025). Monthly diesel fuel price in the UK 2020-2024 [Dataset]. https://www.statista.com/statistics/299552/average-price-of-diesel-in-the-united-kingdom/
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    Dataset updated
    Jun 25, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - Mar 2024
    Area covered
    United Kingdom
    Description

    Diesel prices in the United Kingdom rose to more than *** pence per liter in early 2024. The March national average was ***** pence per liter, compared with a price of ***** pence per liter for diesel sold at supermarkets. Hypermarkets dominate motor fuel sales Hypermarkets such as Sainsbury's, Asda, and Tesco have the greatest market share of motor fuel sold in the UK. In 2023, roughly ** percent of all motor fuels were sold at hypermarkets. Diesel more expensive than regular gasoline Although gasoline and diesel are both refined petroleum products, their refining process differs, thus also impacting manufacturing and retail prices. Diesel sold in the UK is required to have an ultra-low sulfur content and also contain a biodiesel component of seven percent. The extra steps required in the production process make diesel a more expensive commodity than gasoline, which trades around ** pence lower.

  4. Weekly road fuel prices

    • gov.uk
    Updated Aug 19, 2025
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    Department for Energy Security and Net Zero (2025). Weekly road fuel prices [Dataset]. https://www.gov.uk/government/statistics/weekly-road-fuel-prices
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    Dataset updated
    Aug 19, 2025
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    Department for Energy Security and Net Zero
    Description

    The weekly road fuel prices table reports on the cost of unleaded petrol (ULSP) and unleaded diesel (ULSD).

    For enquiries concerning this table contact: energyprices.stats@energysecurity.gov.uk.

  5. T

    UK Natural Gas - Price Data

    • tradingeconomics.com
    • it.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Sep 2, 2025
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    TRADING ECONOMICS (2025). UK Natural Gas - Price Data [Dataset]. https://tradingeconomics.com/commodity/uk-natural-gas
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    csv, json, xml, excelAvailable download formats
    Dataset updated
    Sep 2, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 30, 1997 - Sep 1, 2025
    Area covered
    World, United Kingdom
    Description

    UK Gas rose to 78.56 GBp/thm on September 1, 2025, up 0.94% from the previous day. Over the past month, UK Gas's price has fallen 7.13%, and is down 15.30% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on September of 2025.

  6. Average monthly gas prices in Great Britain 2017-2025

    • statista.com
    Updated Aug 11, 2025
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    Statista (2025). Average monthly gas prices in Great Britain 2017-2025 [Dataset]. https://www.statista.com/statistics/1174560/average-monthly-gas-prices-uk/
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    Dataset updated
    Aug 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2017 - Jun 2025
    Area covered
    United Kingdom
    Description

    The average gas price in Great Britain in June 2025 was 86.28 British pence per therm. This was four pence higher than the same month the year prior and follows a trend of increasing gas prices. Energy prices in the UK Energy prices in the UK have been exceptionally volatile throughout the 2020s. Multiple factors, such as a lack of gas storage availability and the large share of gas in heating, have exacerbated the supply issue in the UK that followed the Russia-Ukraine war. This has also led to many smaller suppliers announcing bankruptcy, while an upped price cap threatened the energy security of numerous households. The United Kingdom has some of the highest household electricity prices worldwide. How is gas used in the UK? According to a 2023 survey conducted by the UK Department for Energy Security and Net Zero, 58 percent of respondents used gas as a heating method during the winter months. On average, household expenditure on energy from gas in the UK stood at some 24.9 billion British pounds in 2023, double the amount spent just two years prior.

  7. w

    Monthly and annual prices of road fuels and petroleum products

    • gov.uk
    • s3.amazonaws.com
    Updated Aug 28, 2025
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    Department for Energy Security and Net Zero (2025). Monthly and annual prices of road fuels and petroleum products [Dataset]. https://www.gov.uk/government/statistical-data-sets/oil-and-petroleum-products-monthly-statistics
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    Dataset updated
    Aug 28, 2025
    Dataset provided by
    GOV.UK
    Authors
    Department for Energy Security and Net Zero
    Description

    https://assets.publishing.service.gov.uk/media/68a88412969253904d1557c7/table_411_413_1_.xlsx">Monthly: Typical/average annual retail prices of petroleum products and a crude oil price index (QEP 4.1.1 to 4.1.3)

    MS Excel Spreadsheet, 1.04 MB

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    For enquiries concerning this table contact: energyprices.stats@energysecurity.gov.uk

  8. Gas prices forecast in the UK 2019-2030

    • statista.com
    Updated Jun 25, 2025
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    Statista (2025). Gas prices forecast in the UK 2019-2030 [Dataset]. https://www.statista.com/statistics/374970/united-kingdom-uk-gas-price-forecast/
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    Dataset updated
    Jun 25, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    The price of gas in the United Kingdom was *** British pence per therm in the fourth quarter of 2024. It is anticipated gas prices will increase to *** pence in the second quarter of 2025 before gradually falling to just under ** pence by the second quarter of 2027.
    Surging energy costs and the cost of living crisis At the height of the UK's cost of living crisis in 2022, approximately ** percent of UK households were experiencing rising prices compared with the previous month. It was during 2022 that the UK's CPI inflation rate reached a peak of **** percent, in October of that year. Food and energy, in particular, were the main drivers of inflation during this period, with energy inflation reaching **** percent, and food prices increasing by **** percent at the height of the crisis. Although prices fell to more expected levels by 2024, an uptick in inflation is forecast for 2025, with prices rising by *** percent in the third quarter of the year. Global Inflation Crisis The UK was not alone in suffering rapid inflation during this time period, with several countries across the world experiencing an inflation crisis. The roots of the crisis began as the global economy gradually emerged from the COVID-19 pandemic in 2021. Blocked-up supply chains, struggled to recover as quickly as consumer demand, with food and energy prices also facing upward pressure. Russia's invasion of Ukraine in February 2022 led to Europe gradually weening itself of cheap Russian energy exports, while for several months Ukraine struggled to export crucial food supplies to the rest of the World.

  9. Weekly UK NBP natural gas prices 2023-2025

    • statista.com
    Updated Jul 29, 2025
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    Statista (2025). Weekly UK NBP natural gas prices 2023-2025 [Dataset]. https://www.statista.com/statistics/1383665/uk-nbp-weekly-natural-gas-prices/
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    Dataset updated
    Jul 29, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2, 2023 - Jul 28, 2025
    Area covered
    United Kingdom
    Description

    The National Balancing Point (NBP), the UK's natural gas benchmark, amounted to 79.68 British pence per therm on July 28, 2025, for contracts with delivery in August. Prices are generally higher in the winter months due to greater gas heating demand, especially in weeks of colder weather. The UK NBP, along with the Dutch TTF, serve as benchmarks for natural gas prices in Europe. Impact on consumer prices and household expenditure post-2022 Fluctuations in wholesale natural gas prices often have immediate impacts on UK consumers. In 2023, the consumer price index for gas in the UK rose to 195 index points, using 2015 as the base year. This increase has translated into higher household expenditure on gas, which reached approximately 24.89 billion British pounds in 2023. This figure represents a 23 percent increase from the previous year and a staggering 91 percent rise compared to two years earlier, highlighting the growing financial burden on UK households. Consumption patterns and supply challenges The residential and commercial sector remain the largest consumers of natural gas in the UK, using an estimated 42 billion cubic meters in 2024. This was followed by the power sector, which consumed about 13 billion cubic meters. The UK's reliance on gas imports has grown due to declining domestic production. This shift has led to an increased dependence on liquefied natural gas imports and pipeline inflows to meet demand.

  10. f

    UK Fuel Prices Dataset

    • fleetnews.co.uk
    web interactive
    Updated May 29, 2010
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    Allstar (2010). UK Fuel Prices Dataset [Dataset]. https://www.fleetnews.co.uk/costs/fuel-prices/
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    web interactiveAvailable download formats
    Dataset updated
    May 29, 2010
    Dataset authored and provided by
    Allstar
    Area covered
    United Kingdom
    Variables measured
    Pence per Litre, Pence per Gallon
    Description

    A dataset of average pence per litre and per gallon petrol and diesel fuel prices in the UK regions including England, Scotland, Wales, and Northern Ireland.

  11. Quarterly Energy Prices: December 2024

    • gov.uk
    Updated Dec 19, 2024
    + more versions
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    Department for Energy Security and Net Zero (2024). Quarterly Energy Prices: December 2024 [Dataset]. https://www.gov.uk/government/statistics/quarterly-energy-prices-december-2024
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    Dataset updated
    Dec 19, 2024
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    Department for Energy Security and Net Zero
    Description

    Quarterly statistical publication containing tables, charts and commentary covering energy prices to domestic and industrial consumers for all the major fuels, as well as presenting comparisons of fuel prices in the EU and G7 countries.

    Annexes A to D are now included in the main publication.

    We no longer publish a separate copy of the combined tables: we have included links to the QEP tables from the main document.

  12. Comparisons of international road fuel prices

    • gov.uk
    Updated Aug 28, 2025
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    Department for Energy Security and Net Zero (2025). Comparisons of international road fuel prices [Dataset]. https://www.gov.uk/government/statistical-data-sets/comparisons-of-international-road-fuel-prices
    Explore at:
    Dataset updated
    Aug 28, 2025
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    Department for Energy Security and Net Zero
    Description

    https://assets.publishing.service.gov.uk/media/68a88442969253904d1557c9/table_511_and_521_1_.xlsx">Monthly: Premium unleaded petrol/diesel prices in the EU (QEP 5.1.1 and 5.2.1)

    MS Excel Spreadsheet, 1.47 MB

    This file may not be suitable for users of assistive technology.

    Request an accessible format.
    If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email alt.formats@energysecurity.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

    For enquiries concerning this table contact: energyprices.stats@energysecurity.gov.uk.

  13. T

    Natural gas - Price Data

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Sep 1, 2025
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    TRADING ECONOMICS (2025). Natural gas - Price Data [Dataset]. https://tradingeconomics.com/commodity/natural-gas
    Explore at:
    csv, json, excel, xmlAvailable download formats
    Dataset updated
    Sep 1, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Apr 3, 1990 - Sep 1, 2025
    Area covered
    World
    Description

    Natural gas fell to 2.97 USD/MMBtu on September 1, 2025, down 0.76% from the previous day. Over the past month, Natural gas's price has risen 1.44%, and is up 36.86% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on September of 2025.

  14. Average bulk diesel price in the United Kingdom (UK) 2008-2018

    • statista.com
    Updated Jul 10, 2025
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    Statista (2025). Average bulk diesel price in the United Kingdom (UK) 2008-2018 [Dataset]. https://www.statista.com/statistics/323398/average-bulk-diesel-price-annually-in-the-united-kingdom-uk/
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    Dataset updated
    Jul 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Dec 2008 - Dec 2018
    Area covered
    United Kingdom
    Description

    This statistic shows the average price for bulk diesel (excluding VAT), in pence per liter, in the United Kingdom (UK) between ************* and *************. The year on year price of bulk diesel increased strongly between 2008 and 2011 after which it began to slightly decrease. By ************* the average price for a liter of bulk diesel had fallen below one pound. The price continued to fall in 2015, with one liter of bulk diesel costing less than ** pence but increased again, reaching ***** pence per liter in 2018.

  15. Prices of diesel fuel in Great Britain 2000-2020

    • statista.com
    Updated Jul 9, 2025
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    Statista (2025). Prices of diesel fuel in Great Britain 2000-2020 [Dataset]. https://www.statista.com/statistics/603738/diesel-fuel-prices-uk/
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    Dataset updated
    Jul 9, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    Diesel fuel prices in Great Britain increased by ** euro cents in the period of consideration, despite some fluctuation. Between 2000 and 2020, figures peaked at **** euros in 2012. The lowest average diesel price was seen in 2003, at **** euros per liter. By 2020, diesel was sold by an average of **** euros per liter.

  16. T

    GASOLINE PRICES by Country in EUROPE

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 28, 2017
    + more versions
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    TRADING ECONOMICS (2017). GASOLINE PRICES by Country in EUROPE [Dataset]. https://tradingeconomics.com/country-list/gasoline-prices?continent=europe
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    excel, csv, xml, jsonAvailable download formats
    Dataset updated
    May 28, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Europe
    Description

    This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  17. w

    Energy Trends and Prices statistical release: 19 December 2024

    • gov.uk
    Updated Dec 19, 2024
    + more versions
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    Department for Energy Security and Net Zero (2024). Energy Trends and Prices statistical release: 19 December 2024 [Dataset]. https://www.gov.uk/government/statistics/energy-trends-and-prices-statistical-release-19-december-2024
    Explore at:
    Dataset updated
    Dec 19, 2024
    Dataset provided by
    GOV.UK
    Authors
    Department for Energy Security and Net Zero
    Description

    Energy production, trade and consumption statistics are provided in total and by fuel and provide an analysis of the latest 3 months data compared to the same period a year earlier. Energy price statistics cover domestic price indices, prices of road fuels and petroleum products and comparisons of international road fuel prices.

    Energy production, trade and consumption

    Highlights for the 3 month period August 2024 to October 2024, compared to the same period a year earlier include:

    • Primary energy consumption in the UK on a fuel input basis rose by 0.6%, on a temperature adjusted basis consumption rose by 0.2%. (table ET 1.2)
    • Indigenous energy production fell by 3.1% due to low oil and gas output. (table ET 1.1)
    • Electricity generation by Major Power Producers down 5.6%, with gas down 23% and coal down 86%, but nuclear up 3.3% and renewables up 10%.* (table ET 5.4)
    • Renewables provided 47.8% of electricity generation by Major Power Producers, with gas at 31.4%, nuclear at 19.7% and coal at 0.2%.* (table ET 5.4)
    • Low carbon share of electricity generation by Major Power Producers up 8.3 percentage points to 67.4%, whilst fossil fuel share down 8.4 percentage points to 31.9%, with high levels of net imports of electricity a key factor.* (table ET 5.4)

    *Major Power Producers (MPPs) data published monthly, all generating companies data published quarterly.

    Energy prices

    Highlights for December 2024 compared to November 2024:

    Petrol up 1.6 pence per litre and diesel up 2.2 pence per litre. (table QEP 4.1.1)

    Contacts

    Lead statistician Warren Evans

    Press enquiries

    Data periods and coverage

    Statistics on monthly production, trade and consumption of coal, electricity, gas, oil and total energy include data for the UK for the period up to the end of October 2024.

    Statistics on average temperatures, heating degree days, wind speeds, sun hours and rainfall include data for the UK for the period up to the end of November 2024.

    Statistics on energy prices include retail price data for the UK for November 2024, and petrol & diesel data for December 2024, with EU comparative data for November 2024.

    Next release

    The next release of provisional monthly energy statistics will take place on Thursday 30 January 2025.

    Data tables

    To access the data tables associated with this release please click on the relevant subject link(s) below. For further information please use the contact details provided.

    Please note that the links below will always direct you to the latest data tables. If you are interested in historical data tables please contact DESNZ

    Subject and table numberEnergy production, trade, consumption, and weather data
    Total EnergyContact: Energy statistics
    ET 1.1Indigenous production of primary fuels
    ET 1.2Inland energy consumption: primary fuel input basis
    CoalContact: Coal statistics
    ET 2.5Coal production and foreign trade
    ET 2.6Coal consumption and coal stocks
  18. T

    EU Natural Gas TTF - Price Data

    • tradingeconomics.com
    • it.tradingeconomics.com
    • +12more
    csv, excel, json, xml
    Updated Sep 1, 2025
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    TRADING ECONOMICS (2025). EU Natural Gas TTF - Price Data [Dataset]. https://tradingeconomics.com/commodity/eu-natural-gas
    Explore at:
    json, csv, xml, excelAvailable download formats
    Dataset updated
    Sep 1, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 12, 2010 - Sep 1, 2025
    Area covered
    World
    Description

    TTF Gas rose to 32.35 EUR/MWh on September 1, 2025, up 2.31% from the previous day. Over the past month, TTF Gas's price has fallen 5.64%, and is down 16.08% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on September of 2025.

  19. Gas and electricity prices in the non-domestic sector

    • gov.uk
    • s3.amazonaws.com
    Updated Jun 26, 2025
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    Department for Energy Security and Net Zero (2025). Gas and electricity prices in the non-domestic sector [Dataset]. https://www.gov.uk/government/statistical-data-sets/gas-and-electricity-prices-in-the-non-domestic-sector
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    Dataset updated
    Jun 26, 2025
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    Department for Energy Security and Net Zero
    Description

    https://assets.publishing.service.gov.uk/media/685aa44be9509f1a908eb11c/table_341_3_.xlsx">Prices of fuels purchased by non-domestic consumers in the United Kingdom excluding/including CCL (QEP 3.4.1 and 3.4.2)

    MS Excel Spreadsheet, 592 KB

    This file may not be suitable for users of assistive technology.

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    If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email alt.formats@energysecurity.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

    For enquiries concerning these tables contact: energyprices.stats@energysecurity.gov.uk

  20. System Average Price (SAP) of gas

    • ons.gov.uk
    • cy.ons.gov.uk
    xlsx
    Updated Aug 29, 2025
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    Office for National Statistics (2025). System Average Price (SAP) of gas [Dataset]. https://www.ons.gov.uk/economy/economicoutputandproductivity/output/datasets/systemaveragepricesapofgas
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    xlsxAvailable download formats
    Dataset updated
    Aug 29, 2025
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Description

    Daily data showing SAP of gas, and rolling seven-day average, traded in Great Britain over the On-the-Day Commodity Market (OCM). These are official statistics in development. Source: National Gas Transmission.

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Statista (2025). Average road fuel prices per week in the UK 2022-2025, by type [Dataset]. https://www.statista.com/statistics/1293135/uk-weekly-average-gas-prices/
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Average road fuel prices per week in the UK 2022-2025, by type

Explore at:
Dataset updated
Aug 28, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Jan 31, 2022 - Aug 25, 2025
Area covered
United Kingdom
Description

On August 25, 2025, the price of ultra-low sulfur unleaded petrol (gasoline) in the United Kingdom averaged 133.91 pence per liter. This compared to 141.92 pence per liter for diesel. Diesel prices were consistently higher than petrol/gasoline prices throughout this period, although the margin varied. Reasons for such differences in pricing lie in the refining process and molecular makeup of the products, with diesel requiring more complex refining processes and being an overall heavier liquid. As motor fuel pricing in the UK is not regulated by a monitoring body, there may also be notable differences in prices between retailers and regions. Supermarkets provide lowest fuel prices in the UK In the UK, much of the motor fuel is sold through supermarkets. Large supermarkets, or hypermarkets, account for more than 40 percent of all motor fuel sales in the country. The reason for their popularity often lies in the fact that they offer lower average prices. In the last four years, regular petrol/gasoline sold at supermarkets was up to six pence per liter cheaper than the national average. How UK fuel prices compare to the rest of the world Tied as they are to crude oil prices, motor fuels are generally cheapest in major producing countries, such as Iran, Venezuela, and Russia. In Europe, costs of importing the raw or finished products, in addition to taxes and levies, may hike up pump prices significantly. The UK is often among the countries with the highest petrol/gasoline prices, alongside other large European car markets such as France and Germany.

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