Record fuel prices predicted if oil hits $100
The cost of filling up a family car will rise by £8 if predicted oil price rises materialise, a motoring firm has warned.
Diesel
Government does not know extent of air pollution from diesel trains
Government officials do not know how much dangerous air pollution is being emitted by diesel trains across the country, a response to a Freedom of Information request suggests.
Majority of ministerial cars are diesel
More than half of cars used by Government ministers are diesels, an investigation has revealed.
Supermarkets should cut fuel prices by at least 2p, RAC says
Supermarkets should cut at least 2p per litre off the price of petrol and diesel amid falling wholesale costs, according to a motoring organisation.
New petrol and diesel vehicles to be banned from 2040
New diesel and petrol cars and vans will be banned from 2040 as part of efforts to tackle air pollution, the Government is expected to announce.
Biggest monthly diesel price fall for more than a year
The price of diesel has had its biggest monthly fall in more than a year, new figures show.
Government mulls scrappage scheme for diesel cars
A scrappage scheme for diesel cars is being considered to improve air quality, it has been reported.
WWF Scotland leads calls on phasing out cars running on petrol and diesel
Businesses and environmentalists have called on the Scottish Government to set a date for phasing out cars running on petrol and diesel.
Offer diesel drivers cash incentive to buy cleaner cars, says think-tank
Drivers of diesel vehicles should be offered a cash incentive to switch to cleaner alternatives in an effort to reduce air pollution, a leading think-tank has recommended.
Diesel owners could be better off filling up on continent despite sterling slump
The hundreds of thousands of UK diesel car owners driving to Europe during the school holidays could still be better off filling up on the continent despite the slump in sterling, experts said.
UK fuel prices climb by more than 2p per litre
Fuel prices went up by more than 2p per litre last month, new figures show.
China car fever lifting gasoline use seen as root of diesel glut
China’s love of cars and the gasoline that runs them is exacerbating an oversupply in another fuel decried by refiners across Asia, according to Bank of China International.
Scrappage schemes for diesel cars and boilers ‘needed to cut London pollution’
Scrappage schemes for diesel cars and boilers, and allowing only the cleanest buses to drive on key polluted roads are among measures proposed by experts to cut pollution and help people live longer.
75% of the price of diesel ‘goes to Chancellor’
The proportion of tax in diesel prices is at its highest level in more than a decade, according to a new study.
Asda, Tesco cut diesel price to six-year low
Supermarkets Asda and Tesco have cut the price of diesel to 97.7 pence per litre (ppl), its lowest level for over six years. But campaigners have called for even greater reductions amid tumbling oil prices.
Asda cuts cost of diesel as oil prices fall
Asda has cut the price of diesel to 97.7 pence per litre (ppl) amid tumbling oil prices. The supermarket said the 2ppl reduction has taken diesel to its lowest price in over six years.
Falling oil price ‘may make fuel costs cheaper than bottled water’
Fuel could become cheaper than bottled water if the price of oil continues to plummet, motoring experts have said. Oil prices have fallen by 30% since early December, with Brent crude sinking to 30 US dollars a barrel earlier this week. Many analysts are predicting it could tumble even further, with Standard Chartered warning that 10 US dollars a barrel is a possibility.
Fuel retailers urged to cut diesel price to under £1 per litre
Fuel retailers have been urged to cut the price of diesel to under £1 per litre. Unleaded fell below that symbolic level at many supermarkets last week for the first time since 2009, excluding promotions. But diesel remains more expensive despite its wholesale price being around 3p per litre (ppl) cheaper than unleaded.
New diesel-electric ferry launches on Clyde
A third £12 million diesel-electric hybrid ferry has been launched on the Clyde.
China offers refineries bonus to export surplus diesel
China's Sinopec is offering its subsidiary refineries big incentives to export their diesel fuel, sources said, in a rare move that reflects the top Asian refiner's deepening concerns about a growing domestic glut.
Average price of petrol ‘cheaper than diesel’
The average price of petrol has returned to being cheaper than diesel, the RAC said. Two pence per litre was shaved off petrol prices at the pumps during last month, according to the RAC Fuel Watch report. Filling up a 55-litre family car is now £1 cheaper than at the start of September.
UK petrol could fall to £1 per litre amid falling oil prices
The price of fuel in the UK could drop to £1 per litre amid falling oil prices, as supermarkets head towards a potential petrol price war.
Tank of diesel drops ‘£3 in a month’ after pump prices fall
The cost of filling up an average diesel car has dropped by £3 in a month as the average price of diesel at the pumps fell 5p a litre, data shows. The fall - hailed as good news for people setting off on holidays - came as retailers began passing on the savings in the cost of wholesale diesel, which has been below that of petrol since the end of May. At the start of the month diesel was 120.63p, but by the end it had dropped almost 5p to 115.74p, according to the RAC’s Fuel Watch data for July. And on Wednesday July 29 the country saw the first forecourt price flip between diesel and petrol since summer 2001 with diesel at 116.28p, just below the average petrol price of 116.64p, the RAC said.
UAE to align fuel prices to global oil, removing subsidies
The United Arab Emirates, the third-biggest OPEC oil producer, will link gasoline and diesel prices to global oil markets as the government seeks to remove subsidies. Fuel prices will deregulated from August 1, state-run WAM news agency reported, citing a statement from the Ministry of Energy on Wednesday. The change was ratified by the cabinet.
Diesel reckoning arrives for Europe’s refiners
A diesel excess that has loomed over Europe for years is arriving, threatening to swamp refining margins with a flood from Saudi oil refineries and Asian units that feasted on a glut of light sweet crude oil. Price-driven demand and refinery glitches that forced Latin America to import more postponed the reckoning. But with a string of tankers loading diesel in the Middle East, and more than 1.5 million tonnes set to arrive from the United States, Europe's distillate prices are falling and margins narrowing. "In effect, Europe is caught in the crossroads of these trade flows," said Harry Tchilinguirian, global head of commodity markets strategy at Societe Generale. "We don't have sufficient strength to absorb the increased production and the imports."