Monthly Fuel Price Tracker
- Latest figures from OPEC show that the price of oil fell by $2.95 (2.7%) from December 2013 to $104.72/barrel in January 2014.
- Annual comparisons show that the price of oil is down $4.56/barrel from January of last year when it was $109.28.
- In sterling terms, the January price of £63.58/barrel was down £2.18/barrel (3.3%) from the previous month and down £4.79/barrel (7.0%) year-on-year.
- In January 2014, the average price for red diesel was down 0.36ppl to 68.47ppl and the retail pump price of diesel also fell 0.43ppl to 138.34ppl compared with December 2013.
Red diesel prices are down 0.94ppl (1.3%) to 68.47ppl and the diesel pump prices are also down 1.12ppl to 138.34ppl compared with January 2013.
|Jan 2014||Dec 2013||Jan 2013|
|OPEC Price (US$ / Barrel)||104.72||107.67||109.28|
|OPEC Price (£ / Barrel)||63.58||65.77||68.37|
|UK Red Diesel (ppl)*||68.47||68.83||69.41|
|UK Diesel Pump Price (ppl)||138.34||138.77||139.46|
*Red diesel duty for December 2013 and January 2014 and January 2013 = 11.14ppl.