Fuel prices in Northern Ireland are lowest on average in UK, figures show

Northern Eire pump costs are the bottom on common within the UK, new figures have revealed.

Prices have dropped throughout the UK by roughly 15p per litre because the eye-watering highs of early July, and are predicted to fall to the 160p vary inside a variety of weeks.

In accordance with the Client Council and motoring corporations, the typical value for unleaded right here has dropped to under 170p for the primary time because the finish of Could.

Nevertheless, the AA, whereas welcoming the “excellent news” on petrol, warned that diesel stays excessive throughout the UK, although Northern Eire is posting the bottom of all areas.

Some forecourts right here right now have been providing a litre of unleaded for below 160p already, with one at 155p.

The decrease costs present some aid for motorists who have been paying practically £100 earlier this summer time to fill a tank, however it’s nonetheless a distant reminiscence from £1 a litre within the early days of the pandemic.

The common value of unleaded right here is 168.85p, in response to figures by Forecourt Dealer right now. This compares to highs of 175p in different areas, with the closest at just below 172p. 

Diesel costs on common are 179.1p, decrease once more than throughout the UK the place it's hovering within the mid-180s.

The Client Council, in its weekly tracker, experiences a mean value of 169.2p for unleaded and 178.3p for diesel.

In accordance with the tracker, the bottom common for petrol was present in Omagh (162.4p) and the very best was in Banbridge (173.9p).

For diesel customers, the bottom common is in Armagh (171.9p) and the very best, at 182.6p, was once more in Banbridge.

It's not a survey of all stations and does depend upon the goodwill of shops providing data.

Peter McClenaghan, director of infrastructure and sustainability on the Client Council, warned that value drops may not proceed.

“Petrol and diesel costs have declined barely in latest weeks, which is welcome information,” he mentioned. 

"Nevertheless, this may be short-lived, the worldwide oil market continues to fluctuate whereas remaining at high-price ranges.”

Luke Bodset, gas value specialist at AA, mentioned the most recent numbers are “excellent information” for petrol customers however diesel stays increased than it ought to be given the motion on international markets.

He mentioned diesel costs are rather more inclined to bigger hikes within the later months of the 12 months because it comes from the identical a part of the barrel as residence heating oil.

For the quick time period, the AA is predicting a UK-wide common lower of 30p from the July excessive to 160p. This might see the typical right here dropping to 155p.

Mr Bodset mentioned: “Northern Eire is in a a lot better place due to the gas value tracker. There's very robust competitors if you see the typical pump costs.”

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