How much is 1 litre of petrol in the UK today?

Filling Up the Tank: Understanding UK Petrol Prices Today

For UK motorists, the fluctuating cost of petrol is a constant concern. Staying informed about current fuel prices is crucial for budgeting and making informed decisions about travel. So, how much does a litre of petrol cost in the UK today?

While precise figures can vary slightly depending on the specific petrol station and region, as of today, UK drivers can expect to pay an average of 139.7 pence per litre for standard unleaded petrol.

It’s important to note that this figure represents an average. Expect to see variations based on several factors:

• Location: Petrol stations in rural areas or motorway service stations typically charge more than those in urban areas.
• Brand: Major petrol station chains might have different pricing strategies.
• Grade of Fuel: Premium petrol, often marketed as offering enhanced performance or engine cleaning benefits, comes at a higher cost. Currently, premium petrol averages around 168.9 pence per litre.

Diesel Drivers:

For diesel vehicle owners, the average price is slightly higher. Today, you can expect to pay around 146.8 pence per litre for standard diesel. Premium diesel, similar to premium petrol, will command a higher price, averaging approximately 176.9 pence per litre.

Why the Fluctuations?

The price of petrol is influenced by a complex interplay of factors, including:

• Crude Oil Prices: The global price of crude oil is the biggest driver of fuel costs.
• Refining Costs: Turning crude oil into usable petrol incurs costs for refineries.
• Distribution Costs: Transporting fuel to petrol stations adds to the overall price.
• Taxes and Duties: The UK government levies taxes and duties on fuel, which form a significant portion of the final cost.
• Exchange Rates: The value of the pound against other currencies affects import costs.
• Competition: Local competition between petrol stations can influence prices.

Staying Informed:

While these average figures provide a general overview, it’s always a good idea to check local petrol prices using comparison websites or mobile apps. These tools allow you to find the cheapest petrol stations in your area, helping you save money at the pump and navigate the ever-changing landscape of UK fuel costs.