Skip to main content

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you can afford to take the high risk of losing your money.

Onyx Markets Diesel Prices

Diesel Prices

Trade with the world's #1 oil derivatives liquidity provider

Last Updated: 26/02/2025 11:45:37

CountyPrice
Belfast Greater127.9
County Londonderry128.8
County Tyrone130.25
County Fermanagh130.7
County Antrim131.05
Aberdeen City131.7
County Armagh131.7
Clackmannanshire131.7
County Down131.9
Wrexham134
Merseyside134.8013158
South Ayrshire134.8428571
Renfrewshire135
East Ayrshire135.02
Isle of Anglesey135.4333333
Angus135.7133333
Swansea135.9545455
Midlothian136.1
East Renfrewshire136.1666667
City of Edinburgh136.396
Caerphilly136.5
Greater Manchester136.5732026
Blaenau Gwent136.7
Tyne and Wear136.7566667
Torfaen136.7666667
Gwynedd136.8
County of Bristol136.8481481
Scottish Borders136.8555556
Dunbartonshire136.9
Inverclyde136.9
Aberdeenshire137.0375
Bridgend137.0666667
Neath Port Talbot137.1333333
Ceredigion137.1666667
West Yorkshire137.1696429
South Yorkshire137.2731343
West Midlands137.320979
Gloucestershire137.4102941
Pembrokeshire137.4142857
Glasgow City137.4882353
West Dunbart137.7
Cardiff137.8
Lancashire137.8756757
South Lanarkshire138.0052632
Rhondda Cynon Taff138.0454545
Northumberland138.1666667
Derbyshire138.3310811
North Ayrshire138.42
East Dunbartonshire138.425
Norfolk138.4346939
Lincolnshire138.4607843
Nottinghamshire138.5983051
Monmouthshire138.66
Newport138.7
Moray138.82
Suffolk138.9363636
Devon138.9658228
Shropshire139.0617021
Rutland139.1
Durham139.15
North Lanarkshire139.1592593
Cheshire139.1982759
East Riding of Yorkshire139.2571429
Hertfordshire139.3684211
East Sussex139.3826923
Falkirk139.4411765
Warwickshire139.5
Argyll and Bute139.575
Carmarthenshire139.6052632
Staffordshire139.626087
Leicestershire139.8109091
Stirling139.8333333
Dorset139.8932203
Hampshire139.9217391
Flintshire139.9285714
Essex139.9462185
Wiltshire139.95
Powys139.9571429
Greater London140.163172
Herefordshire140.2625
Worcestershire140.325
Bedfordshire140.3958333
Vale of Glamorgan140.58
West Lothian140.6058824
North Yorkshire140.6097561
Kent140.6188525
Perth and Kinross140.7
West Sussex140.7421053
Buckinghamshire140.7976471
East Lothian140.8142857
Northamptonshire140.8173913
Oxfordshire141.0735294
Denbighshire141.0916667
Conwy141.2
Highland141.2230769
Surrey141.2280702
Berkshire141.247619
Cornwall141.25
Merthyr Tydfil141.3
Isle of Wight141.35
Fife141.4888889
Somerset141.5541667
Orkney Islands141.7
Cambridgeshire142.3387097
Cumbria142.6060606
Dumfries and Galloway147.4142857
UK RegionPrice
Northern Ireland130.1
North West England137.4
North East England137.8
Scotland138.3
Yorkshire and the Humber138.4
Wales138.7
West Midlands138.8
East Midlands139.1
South West England139.7
East of England139.9
London140.2
South East England140.6

In the United Kingdom, the price you pay at the pump reflects a complex blend of global commodity markets, domestic supply chains and government levies. Here’s how the pieces fit together:

1. Crude Oil and Refining Costs

Every litre of petrol or diesel begins life as crude oil, traded internationally in dollars per barrel (Brent Crude is the most common benchmark for UK fuels). Refiners purchase this raw feedstock on futures markets or via long-term contracts, hedging price swings through derivative instruments. Once onshore, crude is converted into petrol, diesel and other products. The “refining margin” is the difference between the cost of crude and the value of the finished product; it fluctuates with maintenance schedules, capacity constraints and evolving demand (for example, the shift toward diesel in recent decades).

2. Distribution and Marketing

After refining, fuel is shipped by pipeline, rail or road tanker to regional storage terminals. From there, local distributors deliver it to individual forecourts. Distribution and marketing account for roughly 5–7 pence per litre, covering haulage, terminal fees, staff wages, site maintenance, insurance and card-processing charges. Large supermarket chains often leverage their broader retail networks to keep these costs lower than independent operators.

3. Fuel Duty

The largest single tax on UK forecourts is Hydrocarbon Oil Duty—commonly known as “fuel duty.” Currently set at a fixed rate of 57.95 pence per litre for both petrol and diesel, it is frozen until at least 2026. Because it’s a volumetric levy, duty makes up a larger percentage of the final price when pump prices are low and a smaller percentage when prices spike.

4. Climate Change Levy & Other Levies

A smaller Climate Change Levy (CCL) applies to certain non-road diesel users, such as industrial and agricultural consumers. There are also occasional temporary levies or rebates to encourage low-carbon alternatives (for example, reduced duty on biodiesel blends).

5. Value-Added Tax (VAT)

VAT at 20 percent is levied on the combined “net” cost of fuel (crude/refining margin + distribution + duty). Because VAT applies to duty as well, it effectively taxes the tax — adding around 12 pence per litre.

6. Forecourt Retail Margin

Finally, retailers add their own margin—typically 3–5 pence per litre—to cover overhead and profit. Margins can vary significantly by location, brand strength and competitive pressure.