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Diesel closes on £5 a gallon

21 January 2008

  • Just 0.8p a litre off £5 a gallon mark
  • Prices rise again after levelling
  • End of supermarket discounts to blame

Fuel prices are on the rise again, and diesel could soon hit £5 per gallon

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A surge in the price of supermarket fuel has pushed the average price of a gallon of diesel close to £5.

The average UK diesel price is now 109.2p, which is 494.43p a gallon. The £5-a-gallon mark will be hit when diesel prices reach 110p a litre.

Fuel prices levelled at the end of 2007, but have risen again in January because several supermarkets have dropped low-cost promotions.

On average, supermarket fuel has risen by 1.78p per litre for petrol and 1.71p a litre for diesel in the past month, compared with rises of 1.36p and 1.19p respectively for non-supermarket fuel.