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diesel prices

Diesel Prices Hit £2 a Litre as G7 Agrees Oil and Diesel Release

The UK average diesel price passed £2 a litre, prompting a G7 supply response as reported EV enquiries rose. The figures show enquiries, not proven sales or cause.

By CarCody Team 5 min read
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The UK average diesel price passed £2 a litre on 2 October 2026, according to Auto Express, citing RAC monitoring. The G7 has agreed to coordinate a release of 100 million barrels through the International Energy Agency over four months, with a substantial diesel release front-loaded into the first 20 days. Separately, Carwow enquiry figures reported by Auto Express show more enquiries for EVs and fewer for diesel cars—but they are not sales figures and do not prove that fuel prices caused the change.

What happened to UK diesel prices?

Auto Express reported that the RAC-monitored UK average exceeded £2 per litre on 2 October 2026. That is an average, not a claim that every forecourt was charging £2 or more. Two days earlier, Auto Express reported an RAC average of £1.99 per litre and said a typical motorway service-station price could reach £2.16. Its 30 September report described 199.09 pence per litre as the previous high, set in 2022. Auto Express’s 2 October report and its 30 September report are the sources for these figures.

As an illustration of what that price means at the pump, Auto Express put the cost of filling a 55-litre tank at about £110 on 2 October, more than £30 above its reported end-of-February 2026 comparison. Its earlier 30 September report estimated more than £109 for the same tank size. These are dated examples, not a universal bill: tank capacity and local pump prices vary.

The same 2 October report put Brent crude at around $100 a barrel, compared with just over $70 before 28 February 2026. Auto Express quoted RAC head of policy Simon Williams as saying that oil prices would need to stay lower for several weeks—not just a few days—for drivers to see a reduction at the pump. Crude prices are only one influence on retail fuel prices, so the comparison does not predict when or by how much diesel will fall.

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What did G7 leaders agree to do?

The G7 Leaders’ Statement on global energy security and market stability, published on 2 October 2026, commits members to a coordinated release through the IEA of 100 million barrels over four months. It specifies a “frontloaded substantial diesel release within the first 20 days.” The statement does not give a per-country allocation or guarantee a particular change in UK pump prices. Read the G7 statement on GOV.UK.

Supply measures in the statement

  • Release reserves: coordinate the 100-million-barrel release through the IEA, with substantial diesel volumes released early.
  • Support refined-product supply: coordinate refinery maintenance schedules, temporarily raise refinery use where feasible, and encourage production of refined products, particularly diesel.
  • Keep trade open between G7 countries: reaffirm a commitment to refrain from energy and energy-product export restrictions among G7 members.
  • Review whether more is needed: ask the IEA to monitor the situation and report back before the 20-day point; leaders will discuss whether further diesel releases are required.

This is an energy-security and market-stability response. The statement does not announce an EV subsidy or a specific policy to increase EV adoption. It also does not promise that a release will immediately translate into cheaper fuel at UK forecourts.

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Do the figures show that drivers are switching to EVs?

They show a change in dealer enquiries reported by Auto Express, not a measured shift in completed purchases. The outlet said the figures came from Carwow and covered March to the end of September 2026:

Vehicle type Reported change in enquiries
Diesel Down 33%
EV Up 28%
Hybrid Down 8%

Auto Express described an enquiry as a request to a dealer for a quote or test drive. It also reported that diesel enquiries fell 14% in the final week of September compared with the previous week. The outlet did not link the underlying Carwow dataset or set out its sample and methodology, so these figures should be treated as a reported trend rather than a complete picture of UK buyers. Auto Express’s report of the Carwow figures.

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Auto Express also reported that diesel cars accounted for 4.6% of new UK registrations in 2026 up to its 30 September report, and that 91 diesel models were on sale compared with 240 a decade earlier. Those are figures reported by the outlet, not independently verified official totals in the cited coverage. They describe the market context, but registration share and the number of models available are different measures from dealer enquiries.

The enquiry pattern is consistent with stronger EV interest during a period of high diesel prices, but it cannot establish that fuel costs caused the change. Model availability, incentives, seasonality, new launches, financing costs and wider market conditions could also affect enquiries; the figures cited do not test those explanations.

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What should a driver consider before changing cars?

A high diesel price can change the running-cost calculation, but it does not make an EV the cheapest or most practical choice for every driver. Compare options using your own mileage, routes, tariffs and charging access rather than the pump-price headline alone.

  • Purchase and finance: compare the vehicle prices and finance costs available to you.
  • Energy cost for your use: estimate fuel or electricity costs against your annual mileage and actual fuel and electricity tariffs.
  • Charging and routine: consider whether you can charge at home, what public charging is available along your regular routes, and how much time and convenience refuelling or charging requires.
  • Vehicle capability: check that the vehicle suits your typical journeys and any towing or payload needs.
  • Local rules: check any access restrictions or tax rules that apply where you drive.

Charging support described by the government

A Department for Transport and Office for Zero Emission Vehicles announcement on 14 August 2026 described home-charger installation support of up to £500 for eligible landlords, flat owners and renters, alongside investment in public charging. Eligibility, grant amounts and programme terms can change; check the current government guidance before relying on support for a purchase or installation. The announcement does not establish that every driver or household qualifies. See the GOV.UK announcement.

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Could fuel duty change what drivers pay next?

Fuel duty is separate from the G7 reserve measure. HMRC’s paper, published on 22 May 2026, says the temporary 5p-per-litre cut is extended to the end of 2026. It also describes a legislative default of staged reversion from January 2027, with final rates to be confirmed at Budget 2026. That timetable is the position set out in the paper, not a guarantee that rates cannot be changed by a later government decision. Read HMRC’s fuel-duty paper.

What to watch next

The immediate tests are whether the agreed release is implemented on the stated timetable, whether the IEA’s monitoring leads G7 leaders to consider further diesel releases, and how crude and wholesale fuel costs develop over time. For the EV-interest claim, the available figures establish a reported change in enquiries, not a change in registrations attributable to the diesel-price rise.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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