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Pump Pricing

We answer some of the most frequently asked questions about fuel prices and how the cost of a litre of fuel is made up.

Image of Shell forecourt

Fuel prices

Pump pricing

Petrol and diesel prices have an impact on family finances. Naturally, many of the UK’s motorists want to know how service stations set the price of petrol and diesel. The answer is a combination of the wholesale petrol and diesel price, the global price of crude oil, known as Brent crude, the cost of refining the crude oil into petrol and diesel, taxes which customers must pay to the UK government, the service station’s own costs and profits.