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

    • statista.com
    Updated Jun 1, 2024
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    Statista (2024). 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
    Jun 1, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 31, 2022 - Oct 27, 2025
    Area covered
    United Kingdom
    Description

    On October 27, 2025, the price of ultra-low sulfur unleaded petrol (gasoline) in the United Kingdom averaged 134.4 pence per liter. This compared to 143.26 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
    Explore at:
    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 - Nov 30, 2025
    Area covered
    United Kingdom
    Description

    Gasoline Prices in the United Kingdom increased to 1.80 USD/Liter in November from 1.78 USD/Liter in October of 2025. 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. Weekly road fuel prices

    • gov.uk
    Updated Nov 25, 2025
    + more versions
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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
    Nov 25, 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.

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

    • statista.com
    Updated Mar 15, 2024
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    Statista (2024). 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
    Mar 15, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - Mar 2024
    Area covered
    United Kingdom, 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.

  5. w

    Monthly and annual prices of road fuels and petroleum products

    • gov.uk
    • s3.amazonaws.com
    Updated Nov 27, 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
    Nov 27, 2025
    Dataset provided by
    GOV.UK
    Authors
    Department for Energy Security and Net Zero
    Description

    https://assets.publishing.service.gov.uk/media/6926c8bf345e31ab14ecf4ec/table_411_413_4_.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, 770 KB

    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

  6. f

    UK Fuel Prices Dataset

    • fleetnews.co.uk
    web interactive
    Updated Nov 29, 2025
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    Allstar (2025). UK Fuel Prices Dataset [Dataset]. https://www.fleetnews.co.uk/costs/fuel-prices/
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    web interactiveAvailable download formats
    Dataset updated
    Nov 29, 2025
    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.

  7. Comparisons of international road fuel prices

    • gov.uk
    Updated Nov 27, 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
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    Dataset updated
    Nov 27, 2025
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    Department for Energy Security and Net Zero
    Description

    https://assets.publishing.service.gov.uk/media/6926c92fce50d215cae95fe6/table_511_and_521_4_.xlsx">Monthly: Premium unleaded petrol/diesel prices in the EU (QEP 5.1.1 and 5.2.1)

    MS Excel Spreadsheet, 1.19 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.

  8. 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.

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

    • statista.com
    Updated Jan 15, 2017
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    Statista (2017). 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
    Jan 15, 2017
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2017 - Aug 2025
    Area covered
    Great Britain, United Kingdom
    Description

    The average gas price in Great Britain in July 2025 was 79.28 British pence per therm. This was five pence lower 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.

  10. U

    United Kingdom Gasoline prices - data, chart | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Nov 28, 2016
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    Globalen LLC (2016). United Kingdom Gasoline prices - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/United-Kingdom/gasoline_prices/
    Explore at:
    csv, excel, xmlAvailable download formats
    Dataset updated
    Nov 28, 2016
    Dataset authored and provided by
    Globalen LLC
    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 - Dec 31, 2016
    Area covered
    United Kingdom
    Description

    The United Kingdom: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 1.46 dollars, a decline from 1.92 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for the United Kingdom from 1995 to 2016 is 1.5 dollars. The minimum value, 0.92 dollars, was reached in 1995 while the maximum of 2.17 dollars was recorded in 2012.

  11. U

    United Kingdom UK: Pump Price for Diesel Fuel: USD per Liter

    • ceicdata.com
    Updated Nov 15, 2025
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    CEICdata.com (2025). United Kingdom UK: Pump Price for Diesel Fuel: USD per Liter [Dataset]. https://www.ceicdata.com/en/united-kingdom/transportation/uk-pump-price-for-diesel-fuel-usd-per-liter
    Explore at:
    Dataset updated
    Nov 15, 2025
    Dataset provided by
    CEICdata.com
    License

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

    Time period covered
    Dec 1, 1995 - Dec 1, 2016
    Area covered
    United Kingdom
    Variables measured
    Vehicle Traffic
    Description

    United Kingdom UK: Pump Price for Diesel Fuel: USD per Liter data was reported at 1.490 USD in 2016. This records a decrease from the previous number of 1.990 USD for 2014. United Kingdom UK: Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 1.600 USD from Dec 1995 (Median) to 2016, with 11 observations. The data reached an all-time high of 2.270 USD in 2012 and a record low of 0.850 USD in 1995. United Kingdom UK: Pump Price for Diesel Fuel: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;

  12. U

    United Kingdom UK: Pump Price for Gasoline: USD per Liter

    • ceicdata.com
    Updated Nov 15, 2025
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    CEICdata.com (2025). United Kingdom UK: Pump Price for Gasoline: USD per Liter [Dataset]. https://www.ceicdata.com/en/united-kingdom/transportation/uk-pump-price-for-gasoline-usd-per-liter
    Explore at:
    Dataset updated
    Nov 15, 2025
    Dataset provided by
    CEICdata.com
    License

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

    Time period covered
    Dec 1, 1995 - Dec 1, 2016
    Area covered
    United Kingdom
    Variables measured
    Vehicle Traffic
    Description

    United Kingdom UK: Pump Price for Gasoline: USD per Liter data was reported at 1.460 USD in 2016. This records a decrease from the previous number of 1.920 USD for 2014. United Kingdom UK: Pump Price for Gasoline: USD per Liter data is updated yearly, averaging 1.460 USD from Dec 1995 (Median) to 2016, with 11 observations. The data reached an all-time high of 2.170 USD in 2012 and a record low of 0.920 USD in 1995. United Kingdom UK: Pump Price for Gasoline: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;

  13. Global premium gasoline prices 2025, by select country

    • statista.com
    Updated Nov 27, 2025
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    Statista (2025). Global premium gasoline prices 2025, by select country [Dataset]. https://www.statista.com/statistics/1266921/automotive-unleaded-premium-prices-by-country/
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    Dataset updated
    Nov 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Aug 4, 2025
    Area covered
    Worldwide
    Description

    Hong Kong had the highest prices for premium gasoline (95-RON) on August 4, 2025. That day, prices averaged 3.58 U.S. dollars per liter, which was notably more than in any other country. While oil-rich countries enjoy some of the lowest gasoline prices, drivers in big car markets such as Europe pay around two U.S. dollars per liter.

  14. m

    WisdomTree Gasoline - Price Series

    • macro-rankings.com
    csv, excel
    Updated Sep 22, 2006
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    macro-rankings (2006). WisdomTree Gasoline - Price Series [Dataset]. https://www.macro-rankings.com/Markets/ETFs/UGAS-LSE
    Explore at:
    csv, excelAvailable download formats
    Dataset updated
    Sep 22, 2006
    Dataset authored and provided by
    macro-rankings
    License

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

    Area covered
    uk
    Description

    Index Time Series for WisdomTree Gasoline. The frequency of the observation is daily. Moving average series are also typically included. NA

  15. Energy Trends and Prices statistical release: 31 October 2024

    • gov.uk
    Updated Oct 31, 2024
    + more versions
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    Department for Energy Security and Net Zero (2024). Energy Trends and Prices statistical release: 31 October 2024 [Dataset]. https://www.gov.uk/government/statistics/energy-trends-and-prices-statistical-release-31-october-2024
    Explore at:
    Dataset updated
    Oct 31, 2024
    Dataset provided by
    GOV.UKhttp://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 June 2024 to August 2024, compared to the same period a year earlier include:

    • Primary energy consumption in the UK on a fuel input basis rose by 0.7%, on a temperature adjusted basis consumption was broadly similar. (table ET 1.2)
    • Indigenous energy production fell by 8.3% to a record 3 monthly low level due to low oil and gas output. (table ET 1.1)
    • Electricity generation by Major Power Producers down 12%, with gas down 44% to a record low level and coal down 63%, but nuclear and renewables both up 12%.* (table ET 5.4)
    • Renewables provided 48.0% of electricity generation by Major Power Producers, with gas at 26.8%, nuclear at 23.6% and coal at 0.4%.* (table ET 5.4)
    • Low carbon share of electricity generation by Major Power Producers up 15.6 percentage points to a record high of 71.7%, whilst fossil fuel share down 15.7 percentage points to a record low of 27.4%, 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 October 2024 compared to September 2024:

    Petrol down 2.5 pence per litre and diesel also down 2.5 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 August 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 September 2024.

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

    Next release

    The next release of provisional monthly energy statistics will take place on Thursday 28 November 2024.

    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
    Oil

  16. Brent crude oil price annually 1976-2025

    • statista.com
    Updated Oct 2, 2025
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    Statista (2025). Brent crude oil price annually 1976-2025 [Dataset]. https://www.statista.com/statistics/262860/uk-brent-crude-oil-price-changes-since-1976/
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    Dataset updated
    Oct 2, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    As of August 2025, the average annual price of Brent crude oil stood at 71.3 U.S. dollars per barrel. This is over nine U.S. dollars lower than the 2024 average. Brent is the world's leading price benchmark for Atlantic basin crude oils. Crude oil is one of the most closely observed commodity prices as it influences costs across all stages of the production process and consequently alters the price of consumer goods as well. What determines crude oil benchmarks? In the past decade, crude oil prices have been especially volatile. Their inherent inelasticity regarding short-term changes in demand and supply means that oil prices are erratic by nature. However, since the 2009 financial crisis, many commercial developments have greatly contributed to price volatility, such as economic growth by BRIC countries like China and India, and the advent of hydraulic fracturing and horizontal drilling in the U.S. The outbreak of the coronavirus pandemic and the Russia-Ukraine war are examples of geopolitical events dictating prices. Light crude oils - Brent and WTI Brent Crude is considered a classification of sweet light crude oil and acts as a benchmark price for oil around the world. It is considered a sweet light crude oil due to its low sulfur content and low density and may be easily refined into gasoline. This oil originates in the North Sea and comprises several different oil blends, including Brent Blend and Ekofisk crude. Often, this crude oil is refined in Northwest Europe. Another sweet light oil often referenced alongside UK Brent is West Texas Intermediate (WTI). WTI oil prices amounted to 76.55 U.S. dollars per barrel in 2024.

  17. Quarterly Energy Prices: September 2025

    • gov.uk
    Updated Sep 30, 2025
    + more versions
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    Department for Energy Security and Net Zero (2025). Quarterly Energy Prices: September 2025 [Dataset]. https://www.gov.uk/government/statistics/quarterly-energy-prices-september-2025
    Explore at:
    Dataset updated
    Sep 30, 2025
    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.

    If you have questions about this content, please email: energyprices.stats@energysecurity.gov.uk

  18. T

    Crude Oil - Price Data

    • tradingeconomics.com
    • ar.tradingeconomics.com
    • +14more
    csv, excel, json, xml
    Updated Dec 2, 2025
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    TRADING ECONOMICS (2025). Crude Oil - Price Data [Dataset]. https://tradingeconomics.com/commodity/crude-oil
    Explore at:
    csv, json, xml, excelAvailable download formats
    Dataset updated
    Dec 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
    Mar 30, 1983 - Dec 2, 2025
    Area covered
    World
    Description

    Crude Oil fell to 59.17 USD/Bbl on December 2, 2025, down 0.25% from the previous day. Over the past month, Crude Oil's price has fallen 3.08%, and is down 15.40% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on December of 2025.

  19. Monthly crude oil price average for Brent 2023-2025

    • statista.com
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    Statista, Monthly crude oil price average for Brent 2023-2025 [Dataset]. https://www.statista.com/statistics/262861/uk-brent-crude-oil-monthly-price-development/
    Explore at:
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Aug 2023 - Aug 2025
    Area covered
    Worldwide
    Description

    In August 2025, the average price of one barrel of Brent crude oil was 67.87 U.S. dollars. This was a decrease from the previous month and 12 U.S. dollars below July 2024 prices. Brent terminology and most common uses Brent is the world's leading price benchmark for Atlantic basin crude oils. It is used to price two thirds of the internationally traded crude oil supplies and is also the most significant crude oil benchmark for Europe. Brent crude originates in the North Sea and includes oils from Brent and Forties Oil Field in the United Kingdom, and from the Oseborg and Ekofisk oil fields, both oil reserves in Norway. Other names for Brent are Brent Blend, London Brent and Brent petroleum. The name Brent comes from the Brent oil field, located north-east of the Shetland Islands, and thus part of the United Kingdom. Because the Brent oil field already passed its production peak, today the benchmark Brent includes oil from the other three major oil fields. Brent, next to West Texas Intermediate (WTI), is one of the lightest crude oils. With a low content of sulfur, it is ranged among the so-called sweet crude oils. Most of the Brent crude oil is refined into gasoline and middle distillates in Northwest Europe. Benchmark oil prices Other crucial benchmarks for crude oil prices are the already mentioned U.S.- WTI and Dubai Crude (Fateh). They are indispensable for referencing the many types and grades of oil on the global market. In the past 20 years, the annual price for one barrel of Brent crude oil saw a net increase. For example, the average price per barrel stood at 80.53 U.S. dollars in 2024.

  20. OPEC oil price annually 1960-2025

    • statista.com
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    Statista, OPEC oil price annually 1960-2025 [Dataset]. https://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/
    Explore at:
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    The 2025 annual OPEC basket price stood at ***** U.S. dollars per barrel as of August. This would be lower than the 2024 average, which amounted to ***** U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.

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Statista (2024). 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

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Dataset updated
Jun 1, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Jan 31, 2022 - Oct 27, 2025
Area covered
United Kingdom
Description

On October 27, 2025, the price of ultra-low sulfur unleaded petrol (gasoline) in the United Kingdom averaged 134.4 pence per liter. This compared to 143.26 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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