UK average diesel pump price hits £2 per litre for first time

By Reuters News

LONDON, Oct 2 (Reuters) - The average pump price of a litre of diesel fuel hit £2 ($2.64) in Britain for the first time on Friday, according to data compiled by the RAC motoring organisation, the latest landmark in a global surge in fuel prices.

  • The UK-wide average pump price of a litre of diesel reached 200.01 pence

  • Prices have been inching steadily higher after on Monday passing the previous high of 199.09 pence, which was set in June 2022 shortly after Russia's invasion of Ukraine

  • RAC head of policy Simon Williams said the rise in prices was "showing no signs of slowing"

  • European Union countries discussed a French proposal on Friday to release diesel stocks in response to US pressure to help cool surging fuel prices

  • French President Emmanuel Macron intends to hold a call with his counterparts from the G7 to discuss actions on the world markets for crude and refined products after discussing the issue with US President Donald Trump



($1 = 0.7573 pounds)

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