Farm Inputs
Monthly Fuel Price Tracker
21 December 2012
- Latest figures from OPEC show that the price of oil decreased by $1.50 (1.4%) from October to $106.86/barrel in November 2012.
- Annual comparisons show that the price of oil is down $3.22/barrel from November of last year when it was $110.058
- In sterling terms, the November price of £66.94/barrel was down 0.45ppl from the previous month and down £2.61/barrel (3.75%) year-on-year.
- In November, the average price for red diesel was down 1.06ppl to 71.31ppl and the retail pump price of diesel also fell 1.28ppl to 141.74ppl compared with October 2012.
Red diesel prices are up 1.24ppl (1.8%)to 71.31ppl and the diesel pump prices are up 1.49ppl to 141.74ppl compared with November 2011.
For more up to date information, go to the OPEC website for crude oil prices and go to the DECC website for pre-tax diesel prices and diesel pump prices.
| Nov 2012 | Oct 2012 | Nov 2012 | |
|---|---|---|---|
| OPEC Price (US$ / Barrel) | 106.86 | 108.36 | 110.08 |
| OPEC Price (£ / Barrel) | 66.94 | 67.40 | 69.55 |
| UK Red Diesel (ppl)* | 71.31 | 72.37 | 70.07 |
| UK Diesel Pump Price (ppl) | 141.74 | 143.02 | 140.25 |
*Red diesel duty rate for October and November 2012 and November 2011 = 11.14ppl.
