Fuel price report

UK & overseas prices - May 2012

25 May 2012

Petrol in the UK costs on average 4p a litre less than a month ago after the wholesale cost across northern Europe fell more than 16%

Petrol in the UK costs on average 4p a litre less than a month ago after the wholesale cost across northern Europe fell more than 16%

Petrol in the UK costs on average 4p a litre less than a month ago after the wholesale cost across northern Europe fell more than 16%. Further falls, if sustained, could lower the UK petrol price by as much as 10p a litre – taking the average pump price back to where it started the year.  Oil price – $107.5 

Unleaded prices have fallen by 4.1ppl from 142.5ppl to 138.4ppl.  Diesel prices have fallen by 3.6ppl from 147.9ppl to 144.3ppl.  The price difference between unleaded and diesel has risen to 5.9pppl.

Regional

Northern Ireland recorded the highest  price for unleaded at 139.5ppl.  Yorkshire and Humberside recorded the lowest price for unleaded at 137.9ppl.  The South East recorded the highest diesel price at 145.1ppl.  Yorkshire and Humberside, the North and North West have the cheapest diesel at 143.6ppl.

Supermarkets

Supermarket prices for unleaded fell by 4.2ppl to 136.1ppl.  The gap between supermarket prices and the UK average for unleaded has risen to 2.3ppl.

Europe

The UK has the eighth highest petrol price in Europe and the second highest diesel price.

(fuel price data is supplied by Experian Catalist in cooperation with Arval UK Ltd)

(25 May 2012)

 

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