Site loading slowly? Switch to our Low Bandwidth version

You are here

Farm Inputs

Monthly Fuel Price Tracker

8 October 2014
  • Latest figures from OPEC show that the price of oil fell by $4.77 (4.7%) from August to $95.98/barrel in September 2014. This is the lowest it has been since June 2012.
  • Annual comparisons show that the price of oil is down $12.75/barrel (11.7%) from September of last year when it was $108.73.
  • In sterling terms, the September 2014 price of £58.86/barrel was down £1.43/barrel (2.4%) from the previous month and down £9.76/barrel (14.2%) year-on-year.
  • In September 2014, the average price for red diesel was down 0.40ppl to 64.13ppl (lowest price since February 2011) and the retail pump price of diesel also fell 0.48ppl to 133.13ppl compared with August 2014.
  • Compared with September 2013, red diesel prices are down 7.67ppl (10.7%) and the diesel pump prices are also down 9.20ppl (6.5%).

For more information click here to access the OPEC website for crude oil prices and click here to access the DECC website for pre-tax diesel prices and diesel pump prices.       

 

Sep-14

Aug-14

Sep-13

OPEC Price (US$ / Barrel)

95.98

100.75

108.73

OPEC Price (£ / Barrel)

58.86

60.29

68.62

UK Red Diesel (ppl)*

64.13

64.53

71.80

UK Diesel Pump Price (ppl)

133.13

133.61

142.33

*Red diesel duty August and September 2014 and September 2013 = 11.14ppl

 

Fuel Prices- Monthly