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On 1 January 2012, the Nigerian government headed by president Goodluck Ebele Jonathan, tried to cease the subsidy on petrol and deregulate the oil prices by announcing the new price for petrol as US$0.88/litre from the old subsidised price of US$0.406/litre (LAGOS), which in areas distant from Lagos petrol was priced at US$1.25/litre.
Data firm Experian Catalist said a litre of petrol cost an average of 180.7p on Tuesday. Average cost of filling family car with petrol set to hit £100 Skip to main content
Figures from data firm Experian show the average price of a litre of petrol at UK forecourts reached a record 182.3p on Wednesday.
Since 2007, gasoline prices in the UK rose by nearly 40 pence per liter, going from 97.3 pence per liter in 2007 to 136.8 pence per liter in 2012. [ 61 ] In much of Europe, including the UK, France and Germany, stations operated by large supermarket chains usually price fuel lower than stand-alone stations.
Government figures show the average price of a litre of petrol at UK forecourts was a record 170.4p on Monday. Average cost of petrol up nearly 3p per litre in a week Skip to main content
Total greenhouse gas and air pollution costs are 8 times higher than accident and spills costs for pipelines (US$531 vs US$62) and 3 times higher for rail (US$1015 vs US$381). [ 22 ] Finally, transporting oil and gas by rail is generally more expensive for producers than transporting it by pipeline.
Fuel prices have risen as oil prices soar due to Russia’s invasion of Ukraine. Average price of petrol above £1.55 per litre for first time Skip to main content
Since January 2023, petrol is taxed at a rate of €0.53799/litre and diesel at a rate of €0.42875/litre, [17] with a VAT of 16% added to the total price. As of 2022, a "maximum fuel price" has been established by the government, capped at €1.534/litre for EURO 95 petrol and at €1.498/litre for diesel since 7 January 2025. [18]