21/09/2026
Hola folks,
Unleaded rising two pence and diesel five pence. Prices are fairly rubbish, there’s no sugar coating it but it is the best we can do at the moment.
We would love the government to drop fuel duty as has been suggested by some politicians, but it’s worth noting that on pricing going to sites now, a ten pence reduction in duty today would only drop diesel back into the high 170s to low 180s, which is still terrible. Duty makes up 52 (usually 57) pence in every litre sold in the UK and VAT is even charged on top of that duty.
There’s further pressure on pricing looking ahead, with Saudi output to Europe being cut going into October. We’re more or less into October in oil terms already, so with the Iranians escalating things in Yemen and with the direct attacks on Saudi oil infrastructure we’re at something of go/no-go point for American decision makers.
Early voting for the US mid terms has begun already in some states and European refineries looking to replace Saudi oil will have a fairly negative impact on oil prices globally through the final weeks of the election campaign. So it’s either reach a settlement, put this conflict on ice, or try something new and imaginative, like killing people on a slightly bigger scale.
We’re at 164.9 unleaded and 191.9 diesel. You’re being looked after by Esme and Milo this morning. Have a good one!