Search our website enhanced by Google.
- Home
- Markets and prices
- Lamb markets - Prices - Farm costs - Fuel prices
-
Beef markets
- Beef markets home
- Beef and lamb at a glance
- Market analysis
-
Prices
- Auction market prices
- Deadweight prices
- Global cattle prices
- Supermarket red meat prices
- Farm costs
- Exchange rates
- Supply and demand
- Imports and exports
- Cost of production and performance
-
Lamb markets
- Lamb markets home
- Beef and lamb at a glance
- Market analysis
-
Prices
- Auction market prices
- Deadweight prices
- Global sheep prices
- Supermarket red meat prices
- Farm costs
- Exchange rates
- Supply and demand
- Imports and exports
- Cost of production and performance
-
Pork markets
- Pork markets home
- Pork at a glance
- Market analysis
-
Prices
- Deadweight pig prices
- Weaner prices
- Supermarket red meat prices
- Farm costs
- Exchange rates
-
Supply and demand
- Industry structure
- Slaughter and production
- Carcase information
- Consumption
- Imports and exports
- Cost of production and performance
-
Dairy markets
- Dairy markets home
- Dairy at a glance
- Market analysis
-
Prices
- Milk price calculator
- Farmgate milk prices
- Wholesale prices
- Retail prices
- Farm costs
- Exchange rates
-
Supply and demand
- Industry structure
- Dairy production
- Composition and hygiene
- Consumption
- Imports and exports
-
Cereals and oilseeds markets
- Cereals and oilseeds markets home
- Cereals and Oilseeds at a glance
- Market analysis
- Prices
- Supply and demand
- Imports and exports
- Carbon markets
- Retail and consumer insight
- Agri market outlook
- Farm standards review
Fuel prices
Updated 3 October 2024
These figures give an overview of the fuel markets, focusing on crude oil and diesel prices on both a monthly and annual basis.
Monthly
*Red diesel duty = 11.14ppl from April 2011 to March 2022, 10.18ppl from April 2022
Annually
Overview
- Figures show that the average price of oil stood at $82.95/barrel for 2023 which was a decrease of 17.1% compared with 2022.
- The annual fuel (red diesel and diesel pump) price has decreased in 2023 compared to the previous year.
- Dairy farmers are now paying an annual average of 89.05ppl for red diesel - an decrease of 15.22ppl (14.6%) compared to 2022.
- Pump prices for diesel have decreased by 19.47ppl (11.0%) over the same period.
Additional information
- The new OPEC Reference Basket (ORB), implemented from 16 June 2005, is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Mercy (Venezuela). This price is subject to revision.
- As of January 2006, the monthly & yearly averages are based on daily quotations.
Visit the OPEC website for more on crude oil prices
Contact us
This dataset was produced by our Data and Analysis Team. To find out more about the team, please visit the Data and Analysis team page.
If you need any further help, please email Martin, Dorian, Gavin or Esther at datum@ahdb.org.uk
Download dataset
While AHDB seeks to ensure that the information contained on this webpage is accurate at the time of publication, no warranty is given in respect of the information and data provided. You are responsible for how you use the information. To the maximum extent permitted by law, AHDB accepts no liability for loss, damage or injury howsoever caused or suffered (including that caused by negligence) directly or indirectly in relation to the information or data provided in this publication.
All intellectual property rights in the information and data on this webpage belong to or are licensed by AHDB. You are authorised to use such information for your internal business purposes only and you must not provide this information to any other third parties, including further publication of the information, or for commercial gain in any way whatsoever without the prior written permission of AHDB for each third party disclosure, publication or commercial arrangement. For more information, please see our Terms of Use and Privacy Notice or contact the Director of Corporate Affairs at info@ahdb.org.uk © Agriculture and Horticulture Development Board. All rights reserved.