Where is the cheapest petrol and diesel near me?
Key takeaways
Our postcode fuel cost tool helps you quickly find the cheapest petrol and diesel near you
Fuel prices change regularly due to global oil markets, taxes and local competition
Fuel prices vary widely by location, so comparing nearby stations can help you save money
Where is the cheapest petrol and diesel near me?
You can find the cheapest petrol and diesel near you by using the MoneySuperMarket fuel price checker tool. Simply enter your postcode and we’ll show a list of nearby petrol stations alongside the prices they’re currently charging per litre.
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Prices can vary significantly even within a small area. One station might be several pence per litre cheaper than another just a few miles away, so checking before you fill up is a quick and simple way to save money.
Why are petrol and diesel prices going up in 2026?
Petrol and diesel prices are rising in 2026 because of global supply pressures, currency changes and ongoing economic factors.
Oil markets
The global oil market has a big influence on petrol and diesel prices. Both types of fuel are refined from crude oil, so when oil becomes more expensive, fuel prices tend to rise too.
The US-Israel war on Iran, which started on 28th February 2026, has disrupted supply from key oil-producing regions in the Middle East. Air strikes have caused damage to infrastructure and the partial closure of major shipping routes like the Strait of Hormuz.
The result is that the oil supply has been disrupted and it has become more expensive to export oil. These increases are being passed down the supply chain to drivers.
Exchange rates
Exchange rates play a role in the cost of petrol and diesel, because oil is usually traded in US dollars. When the pound weakens against the dollar, it takes more pounds than before to buy the same amount of dollar-priced goods. That means the cost of importing oil increases for UK businesses, and these costs are often passed on to UK drivers.
Since January 1997, the pound-dollar exchange rate has ranged from £1 = $1.24 to £1 = $2.07, according to the Office for National Statistics. In January 2026 the pound-dollar exchange rate sat at $1.35, on the weaker end of this range.
Inflation
Inflation (when prices across the economy go up) is a factor in increasing petrol and diesel prices. When it costs a business more to produce and distribute their products, they often increase their prices to cover their extra costs and protect their profit margins. Businesses in the fuel industry may have seen large increases in their rent, wage bills, shipping costs, insurance premiums and so on over the last few years.
After several years of historically low inflation, rates in the UK and across the globe started rising rapidly in 2021. By October 2022, prices across the economy were on average 9.6% more expensive than they had been the year before, according to the Office for National Statistics. The inflation rate in January 2026 was 3.12%, meaning prices are still rising but at a slower pace than before.
Taxes
Taxes make up a significant part of what you pay at the pump. The government applies a fuel duty of 52.95p per litre of petrol and diesel, and this is currently scheduled to increase to 57.95p per litre by March 2027. Fuel duty generally accounts for around 40% of the total cost of petrol or diesel.
Petrol and diesel are also subject to a 20% VAT (Value Added Tax).
Local competition
Local competition between fuel sellers affects the price of fuel. Petrol stations set their own prices, so in areas with fewer competitors, prices are often higher. In areas with more choice, retailers are more likely to lower prices to attract customers.
When will petrol and diesel prices go down?
Petrol and diesel prices may fall if oil prices drop, which could happen if there is a resolution to the current geopolitical tensions in the Middle East. However, there is usually a delay between changes in crude oil prices and the price you see at the pump, and there is no guarantee that all of a decrease in oil price will be passed on to drivers.
Even if oil prices fall, the other factors that impact petrol and diesel prices may limit how much you benefit. For example, fuel prices can be linked to local seasonal demand and often rise during busy travel periods such as summer holidays.
Over the longer term, petrol and diesel prices are not predicted to drop significantly. There are a few reasons for this. Firstly, the supply of petrol and diesel will likely remain a concern, both because oil is a limited resource and because it is often concentrated in regions prone to disruption.
There is also a growing awareness and concern about the negative impacts of societies using lots of fossil fuels like petrol and diesel, and if the UK remains committed to cleaner air and fewer carbon emissions it will probably continue to discourage people from clocking up lots of petrol or diesel-fuelled miles.
Reducing prices at the pump runs counter to such environmentally-friendly policies. Instead, the UK government is currently planning to make fossil fuel drivers pay more for petrol and diesel. Fuel duty is set to increase by £0.03 per litre by the end of 2026, and another £0.02 per litre in March 2027.
The sale of new petrol and diesel cars is also due to be banned from 2030. If a greater proportion of the population switch to electric cars, some of the fuelling infrastructure that is currently geared towards petrol and diesel vehicles is likely to be swapped out for charging points and other electric vehicle infrastructure. Fewer petrol stations is usually associated with higher fuel costs, as customers have fewer alternatives available if a petrol station raises their prices.
What are current UK fuel prices?
The average UK fuel price was £1.36 per litre for petrol and £1.49 per litre for diesel for the week starting 9th March 2026, according to UK government data.
But the price you personally pay can vary depending on where you are, the type of petrol station you use and how much local competition there is.
Motorway service stations and urban areas tend to be more expensive, while supermarkets and areas with multiple nearby petrol stations are often cheaper. Using a postcode-based comparison tool is one of the easiest ways to find the best price near you.
Why should I compare petrol prices?
Comparing petrol or diesel prices is a quick and simple way to reduce your fuel costs. Prices can vary widely between stations in the same area, so taking a few seconds to check before filling up can help you avoid paying more than necessary.
Even small price differences can add up over time. If you fill up a 60-litre tank every week and save 5p a litre, you would save £156 a year on your fuel costs.
How can I save money on my car fuel?
You can reduce your fuel costs by driving efficiently and planning ahead.
Simple ways to save include:
Maintain your vehicle – properly inflated tyres and regular servicing improve efficiency
Drive smoothly, avoiding harsh acceleration and braking
Plan your journeys and combine trips where possible
Avoid idling and turn off your engine when stationary
Reduce excess weight in your car
Use the correct gear for your speed
Consider car sharing for regular journeys
Compare pump prices before filling up
How can MoneySuperMarket help drivers save money?
Fuel is only one part of the cost of driving. Insurance is another major expense, and like fuel prices, it can vary significantly between providers.
Compare car insurance quotes from different insurers to find the best price for the cover you want. MoneySuperMarket can do the work for you, saving you time and money.
Author
Beth Leslie
Senior Insurance Content Editor
Beth is an experienced writer and editor who specialises in financial and economic content. She is currently the Senior Insurance Content Editor for MoneySuperMarket. Beth is passionate about making...
