June product prices and tax breakdown
Product price petrol (excluding VAT and Fuel Duty) 106.2 pence / litre
Product price diesel (excluding VAT and Fuel Duty) 112.8 pence / litre
VAT and Fuel Duty (petrol) 84.8 pence / litre
VAT and Fuel Duty (diesel) 86.1 pence / litre
Table 1: Petrol and diesel costs and increases (2022)
The information shown above for UK pump prices is based on information published by BEIS (see link at bottom of page), UKPIA does not collect data on prices from its membership.
Brent crude is a useful indicator of crude price changes and shows broad alignment with finished product prices although UK refineries make use of a range of crude oils. BEIS also publishes data on UK Refined Crude to provide a 'price index for supplies received by refineries in the UK from both indigenous and imported sources,' which represents the average for the month calculated in sterling.
Graph showing oil price changes over time
European daily Brent Spot Price (FOB) in June 2022 (dollars per barrel)
Other useful links
The source data for the figures above is found here for BEIS and here for EIA – both are updated weekly.
The RAC Foundation publishes daily pump price changes here as well as other information on pump prices, tax revenues, and an indicative breakdown of the wholesale prices of fuels.
The AHDB also collects data on red diesel prices here.