Updated: 02/08/2012 12:20 | By motoringresearch.com

UK second most expensive in world for diesel



UK second most expensive in world for diesel

The UK is the second most expensive country in the world in which to buy diesel, with an average price of 137p per litre. That’s according to new research compiled by dealer group Evans Halshaw.

The UK came in second behind Norway, which recorded an average price of 169p for one litre of diesel. Prior to the recently published diesel fuel price woes, back in April the UK was crowned the seventh most expensive country in the world to buy petrol.

The world’s highest petrol prices

Up to 50p off a litre of fuel at Tesco

In Norway, diesel prices equate to an average expenditure of £159.56 per month– 6.17% of that country’s average monthly income. In the UK the spend is around £129.60 per calendar month, 7.97% of average monthly income here; a smaller amount but a higher percentage due to lower average earnings.

However, while the UK’s average diesel price is the second highest in the world, the average percentage of monthly income spent on fuel actually only ranks as the fourth highest overall.

The news of the UK’s high diesel costs comes after the recent postponing of the 3.02p per litre fuel duty rise. Chancellor George Osborne has put off the increase in tax until January 2013, due to the fact that prices at the pumps are impinging on living standards.

This year the UK has been subject to the highest levy on diesel fuel compared to every other country in the European Union.

The top 10 most expensive countries in the world for a litre of diesel on average are as follows:

Norway – 169p

United Kingdom – 137p

Greece – 136p

Italy – 133p

Ireland – 128p

Sweden – 126p

Iceland – 124p

Israel – 123p

Denmark – 120p

Finland – 119p

The world’s highest petrol prices

Up to 50p off a litre of fuel at Tesco

Fuel prices: everything you need to know

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