# UK diesel remains near record prices despite falling wholesale costs

- URL: https://talkfuse.com/story/diesel-still-costing-close-to-a-dismal-2-a-litre-despite-oil-price-falls/
- Published: 2026-11-11T13:30:27+00:00
- Updated: 2026-11-11T13:47:22+00:00
- Original publisher: The Guardian (publisher lean: Left)
- Original article: https://www.theguardian.com/money/2026/nov/11/diesel-prices-petrol-business-oil-hormuz
- Topics: Business, Software, Technology, UK, World

## Key points

- Diesel averages 197p a litre, near its record.
- Petrol has fallen to 168p and may drop further.
- Shipping risks and refining constraints could keep energy prices high.

## Summary

UK diesel prices remain close to October’s record despite falling oil and wholesale costs, squeezing households and businesses. The slow decline has prompted criticism from the AA, while a US Federal Reserve governor warned energy prices could stay elevated.

Diesel averages 197p a litre, only 2p below its record, while petrol has fallen 6p from its early October peak to 168p. Unleaded wholesale costs have dropped from 77p to below 62p a litre since the second half of October, and the AA says petrol could fall by another 10p; regional prices vary, with some stations already selling below 160p.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.