In September 2022, the average price of diesel in London stood at 182.2 pence per liter.The price of diesel fuel generally fluctuates in tandem with crude oil prices and net increased by over 60 pence in the period of consideration. In July 2022, the average diesel price peaked at 197 pence per liter. London has a reputation for being expensive, and the cost of diesel is no exception. Prices in the capital have consistently been more expensive than the UK average.
Diesel's descent in popularity
As a result of the diesel scandal, where Volkswagen was discovered to have fitted defeat devices meant to lower emission levels during fuel economy testing, the popularity of the diesel car suffered significantly. By 2021, diesel's share in the UK's new passenger car market had fallen to less than 8.2 percent. This was in direct contrast to steady gains made by electric and hybrid vehicles, with more drivers now choosing battery-fitted vehicles over diesel combustion engines.
There are many types of diesel, most commonly a fractional distillate of petroleum fuel oil, all of which are constantly being developed and adapted for the industry. As of 2006, almost all of the petroleum-based diesel fuels in Europe and North America are an ultra-low sulfur diesel (ULSD). Meanwhile, biodiesel remains a not so widely used choice.
Average price of diesel fuel in London from September 2017 to September 2022
(in pence per liter)
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Automobile Association. (September 30, 2022). Average price of diesel fuel in London from September 2017 to September 2022 (in pence per liter) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/299547/price-of-diesel-in-london/
Automobile Association. "Average price of diesel fuel in London from September 2017 to September 2022 (in pence per liter)." Chart. September 30, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/299547/price-of-diesel-in-london/
Automobile Association. (2022). Average price of diesel fuel in London from September 2017 to September 2022 (in pence per liter). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/299547/price-of-diesel-in-london/
Automobile Association. "Average Price of Diesel Fuel in London from September 2017 to September 2022 (in Pence per Liter)." Statista, Statista Inc., 30 Sep 2022, https://www.statista.com/statistics/299547/price-of-diesel-in-london/
Automobile Association, Average price of diesel fuel in London from September 2017 to September 2022 (in pence per liter) Statista, https://www.statista.com/statistics/299547/price-of-diesel-in-london/ (last visited November 21, 2024)
Average price of diesel fuel in London from September 2017 to September 2022 (in pence per liter) [Graph], Automobile Association, September 30, 2022. [Online]. Available: https://www.statista.com/statistics/299547/price-of-diesel-in-london/