Diesel prices on course for new record high
The RAC has warned that diesel prices in the UK are on course to reach their highest ever point.
The average diesel price was recorded at 199.09 a litre in the summer of 2022, but the RAC believes it will soon exceed £2 with the only question being by how much.
Meanwhile, average petrol prices have increased to 173.08p a litre, although this remains well below the record high of 191.54p from early July 2022.
RAC head of policy Simon Williams said: “The price of diesel continues to move steadily towards a new all-time high. A litre now averages 197.31p across the country, meaning it’s just under 2p from surpassing the 199.09p record set on 25 June 2022, although we’re aware of many forecourts already charging in excess of this.
“With concerns over the global supply of wholesale diesel, the question facing drivers is no longer ‘when will the average price exceed 199.09p?’ but ‘how far above £2 a litre will it climb?’ Only a sudden and sustained drop in the cost of oil can prevent an average diesel pump price of over £2 a litre happening, which sadly appears highly unlikely.
“Filling up a 55-litre family car with diesel costs £30 more than it did at the start of the US/Iran war at £108.52.”
