Current Prices: Petrol 156.99p/L | Diesel 189.81p/L

UK fuel prices have dropped for the second week running as the ceasefire in the Middle East continues to ease pressure on global oil markets. Petrol fell 0.6p per litre while diesel dropped 1.4p – an acceleration from last week’s modest reductions.

A 50-litre tank of petrol now costs £78.50 – down 30p from last week. Diesel drivers are paying £94.91, a saving of 70p compared to seven days ago.

This Week’s Prices

  • Petrol (ULSP): 156.99p per litre – down 0.6p this week
  • Diesel (ULSD): 189.81p per litre – down 1.4p this week

Diesel has now fallen below 190p for the first time since early April, while petrol has dipped below 157p. The downward trend is building momentum.

Two Weeks of Falls

Over the past fortnight, prices have dropped:

  • Petrol: Down 1.1p (from 158.01p to 156.99p)
  • Diesel: Down 2.3p (from 192.06p to 189.81p)

The reductions remain modest compared to the dramatic rises seen during the crisis, but the direction of travel is now firmly downward.

Still Far Above Pre-Crisis Levels

Despite two weeks of falls, prices remain dramatically higher than before the conflict began on February 28:

  • Petrol: Still 25.28p higher than late February (up from 131.71p)
  • Diesel: Still 48.35p higher than late February (up from 141.46p)

For drivers filling up weekly, the crisis has added:

  • Petrol: £12.64 per tank – £657 extra per year
  • Diesel: £24.18 per tank – £1,257 extra per year

Year-on-Year Comparison

The year-on-year figures remain stark:

  • Petrol: 23.2p MORE expensive than April 2025
  • Diesel: 49.0p MORE expensive than April 2025

Diesel remains nearly 50p per litre more expensive than this time last year – equivalent to almost £25 extra per 50-litre tank.

The Diesel Premium

The gap between petrol and diesel stands at 32.82p per litre – slightly narrower than last week’s 33.62p. Diesel drivers are paying £16.41 more per 50-litre tank than petrol users.

Wholesale costs continue to ease:

  • Petrol base cost (pre-tax): 77.88p (down from 78.40p)
  • Diesel base cost (pre-tax): 105.23p (down from 106.41p)
  • Fuel duty: 52.95p (unchanged)
  • VAT at 20%: 26.17p (petrol) / 31.64p (diesel)

Diesel’s wholesale cost has now dropped below 106p, down from its peak above 107p – though it remains above the £1 per litre mark.

What to Expect Next

If the ceasefire holds and oil prices remain stable, further reductions should follow in the coming weeks. However, the pace of decline is likely to be gradual – prices typically fall more slowly than they rise.

Key factors to watch:

  • Whether the ceasefire continues to hold
  • How quickly shipping through the Strait of Hormuz normalises
  • Whether retailers pass on wholesale savings promptly
  • The ongoing CMA scrutiny of forecourt pricing practices

Shopping Around Still Essential

With prices falling unevenly across the country, some stations are cutting prices faster than others. The “postcode lottery” means drivers in competitive areas may see faster reductions.

Use CheckFuelPrices to compare prices at stations near you. Finding a station that has already reduced prices while others lag behind could save you several pounds per tank.

The Cost of Filling Up

Fuel Type Price per Litre 50L Tank Cost Weekly Change Still Above Feb 28 By
Petrol (ULSP) 156.99p £78.50 -30p +£12.64
Diesel (ULSD) 189.81p £94.91 -70p +£24.18

Find the Cheapest Fuel Near You

As prices continue to fall, finding stations leading the reductions is key. Use CheckFuelPrices to spot the best deals in your area – our data comes directly from the government’s Fuel Finder Scheme, updated within 30 minutes of any price change.

We’ll continue tracking prices daily as the recovery continues.