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Red diesel prices have increased by 3p to 4p/kg over the past week as crude oil markets continue to experience huge volatility.
The latest price quotes on a delivery of 2,250 litres of red diesel are in the region of 101p to 104p/l, excluding VAT.
This is up from 98p to 99p/l in mid-May, but is lower than quotes of 107p to 108p/kg at the start of the month.
Back in March, red diesel peaked around the 130p/l mark, but the current price is still almost double the cost for a delivery for 2,250 litres in late May 2021 when prices were typically 55p/l.
Price quotes for derv are generally around the 142p to 144p/l mark, excluding VAT. Crude oil has risen from $110 to around $120/barrel in the past week.
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