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The additional price of diesel in comparison with petrol soars to a brand new excessive of virtually 25p per litre

The price of diesel in comparison with petrol has risen to a file excessive of virtually 25p per liter (and may very well be worse) amid a gasoline disaster sparked by the Ukraine struggle.

  • The diesel surcharge for petrol has reached a brand new excessive of virtually 25p per litre
  • The most recent Authorities figures present the common worth of a liter of diesel is 188.9p
  • That is 24.5p costlier than petrol, which is 164.4p per litre

The additional price of diesel in comparison with petrol has reached a brand new excessive of virtually 25p per litre.

The most recent Authorities figures present the common worth of a liter of diesel is £188.90.

That is 24.5p costlier than petrol, which is 164.4p per litre.

Evaluation discovered that that is the largest worth distinction in information relationship again to June 2003.

Diesel has sometimes price round 5p per liter greater than petrol since then.

Steve Gooding, director of the RAC Basis, warned that diesel might turn out to be costlier within the brief time period.

He stated: ‘The state of affairs for diesel drivers is dire and is unlikely to enhance within the coming weeks. The truth is, it could deteriorate.

The additional price of diesel in comparison with petrol has reached a brand new excessive of virtually 25p per litre.

The latest Government figures show the average price of a liter of diesel is £188.9

The most recent Authorities figures present the common worth of a liter of diesel is £188.9

‘Already, the motive force of an average-sized diesel automotive pays round £105 each time they refill, about £14 greater than folks with a similar-sized petrol automotive at a neighboring pump.’

With the UK’s 4.5 million-strong van fleet and half one million HGVs working nearly completely on diesel, Mr Gooding stated the corporate’s rising prices could be ‘positively handed on’ to prospects.

Mr Gooding stated the affect on diesel provide from the struggle in Ukraine is being exacerbated through the colder months as a result of many international locations use the gasoline for heating and energy era, pushing up demand.

He added that the state of affairs ‘may very well be worse’ as soon as the ban of the European Union on importing Russian oil merchandise comes into pressure on February 5 subsequent 12 months as inventory will must be purchased from afar.

The Workplace for Funds Duty (OBR) stated on Thursday {that a} ‘deliberate 23% enhance’ in gasoline responsibility in March 2023 would add round 12p per liter to pump costs.

This determine is predicated on a mix of the scheduled finish of the 5p minimize in responsibility, and the long-standing coverage of responsibility rising in keeping with the speed of RPI inflation.

However the chancellor has repeatedly frozen the duty, and the Treasury confirmed the ultimate choice on the speed won’t be made till the subsequent price range within the spring.

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