Price of petrol, diesel and heating oil: What the most recent figures present

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Your assist makes all of the distinction. Learn extra A spread of information measuring the rising worth of petrol, diesel and heating oil reveals the impression of the disruption to provides brought on by the Iran battle.

Right here the Press Affiliation runs by the most recent out there figures:

– Petrol and diesel

The typical pump worth of a litre of unleaded petrol within the UK stood at 148.8p on Monday March 30, up 4.6p week on week and a soar of 16.6p, or 13%, since March 2, in accordance with figures printed by the Division for Power Safety & Web Zero (DESNZ).

That is the best worth for unleaded petrol since Could 2024.

The Iran battle started on February 28.

The figures are compiled by DENSZ as a part of a weekly gasoline worth survey that covers round 60% of the overall market quantity bought.

Estimates of the common worth of gasoline are calculated on the Monday of each week.

Unleaded petrol reached a peak of 191.6p per litre in July 2022, just a few months after Russia’s invasion of Ukraine.

The survey additionally suggests the common worth of a litre of diesel stood at 176.5p on Monday March 30, up 9.6p week on week and a rise of 34.4p, or 24%, since March 2.

It's the highest worth for diesel since December 2022.

Diesel peaked at 199.2p per litre in July 2022.

Separate estimates of the common worth of petrol and diesel are printed by the RAC.

These are up to date day by day and are based mostly on wholesale costs and pump costs, together with the UK’s 4 largest supermarkets (Asda, Tesco, Sainsbury’s and Morrisons) plus different manufacturers.

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The RAC’s determine for the common worth of a litre of unleaded petrol as of Tuesday March 31 is 152.8p, a rise of 20p because the Iran battle started.

Common diesel costs on Tuesday stood at 182.8p per litre, up 40p because the begin of the battle on February 28.

This implies it prices £100.52 to fill a 55-litre household automotive, breaching the £100 mark for the primary time since December 2022.

– Cumulative further spending on petrol and diesel

Motoring analysis charity the RAC Basis estimates the rise in highway gasoline costs have led to motorists paying a cumulative further £544 million for petrol and diesel because the begin of the battle.

This consists of £409 million for diesel and £135 million for petrol.

The figures estimate how a lot further the rise in pump costs has value UK drivers in complete, in contrast with what would have been spent on petrol and diesel had costs remained on the similar degree they had been on February 27.

The information is predicated on common day by day pump worth rises and final yr’s gasoline consumption charge.

– Heating oil

The Division for Power Safety & Web Zero publishes month-to-month figures on the common worth of heating oil.

The most recent figures, launched on Tuesday, present the common worth per litre of ordinary grade burning oil stood at 104.1p in March.

That is almost double the common in February (53.5p) and the best month-to-month determine since official knowledge started in January 1989.

The earlier peak was in June 2022, when the determine reached 99.3p.

The typical worth per litre of fuel oil stood at 99.5p in March, up 51% from 66.0p in February and the best month-to-month determine since November 2022, when it reached 128.1p.

Fuel oil is usually used for business and agricultural heating techniques, whereas normal grade burning oil – mostly kerosene – is utilized in central heating techniques in houses.