The cost of petrol in the UK compared with the rest of the world

The price of petrol in the UK went through the roof last year, but has since settled. We look at how UK petrol price compares with the rest of the world.

Taxi driver filling up with fuel
The average price of petrol in the UK is around £1.85
(Image credit: © Chris Ratcliffe/Bloomberg via Getty Images)

Petrol and diesel prices have fallen in recent weeks and months, but still remain a major drain on household finances amid the cost of living crisis.

According to the RAC, the average UK cost for a litre of petrol is 143p, down from a peak of 191.4 in July 2022.

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Tom Higgins

Tom is a journalist and writer with an interest in sustainability, economic policy and pensions, looking into how personal finances can be used to make a positive impact. He graduated from Goldsmiths, University of London, with a BA in journalism before moving to a financial content agency. 

His work has appeared in titles Investment Week and Money Marketing, as well as social media copy for Reuters and Bloomberg in addition to corporate content for financial giants including Mercer, State Street Global Advisors and the PLSA. He has also written for the  Financial Times Group.

When not working out of the Future’s Cardiff office, Tom can be found exploring the hills and coasts of South Wales but is sometimes east of the border supporting Bristol Rovers.