Cheapest fuel prices Peterborough 2022: where to get petrol and diesel near me - and why are prices going up?

There are still some Peterborough forecourts that are charging below £1.62 per litre – including Tesco and Sainsbury’s

Thursday, 24th March 2022, 12:39 pm

Drivers are continuing to feel the sharp increase of petrol prices hiking across Peterborough.

The soaring cost of petrol and diesel has contributed to the current living crisis, which has seen inflation near a near-30-year high.

The Chancellor has unveiled his highly anticipated spring statement, vowing to “stand by” British families in the face of the mounting cost of living.

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Sainsbury's in Oxney Road is in the top ten cheapest fuel court across the city (stock image: David Lowndes)

In a move expected by many, the Chancellor announced his intention to cut fuel duty to ease the pressure on cash-strapped households.

The Government has frozen the duty for 11 years, but has faced calls to reduce it as oil costs – and consequently pump prices – hit record highs on the back of the Ukraine conflict.

Mr Sunak said the duty will be cut by 5p per litre for a year, from Wednesday evening (23 March).

What’s the average price for petrol and diesel?

Total Energies, in Eastfield Road, is among the fuel stations which is charging below the national average for petrol in Peterborough.

Figures from data firm Experian Catalist show the average cost of a litre of petrol at UK forecourts on Tuesday was 167.3p, while diesel was 179.7p.

This represents an increase of 18.0p per litre for petrol and 27.0p for diesel over the past month.

The decision by Russia – the world’s second biggest oil producing nation – to invade Ukraine is primarily to blame for the continued oil price increase but even before the conflict oil output was lagging behind worldwide demand.

A month ago, pump prices were 148.0p per litre for petrol and 151.6p per litre for diesel.

PetrolPrices.com tracks prices at supermarkets and independent retailers across Peterborough and reveals the prices fuel stations across the city are charging.

Here is a round up of the top 10 cheapest places to get fuel in Peterborough.

Cheapest stations for petrol in Peterborough

1. Tesco, Neil Way Horse Drove – unleaded: 153.9p and diesel: 168.9p

2. Sainsbury's Peterborough, Oxney Road – unleaded: 156.9p and diesel 170.9p

3. Morrisons, Lincoln Road – unleaded: 156.9p and diesel: 177.9p

4. Eastfield Road Service Station, Eastfield Road – unleaded: 158.9p and diesel: 174.9p

5. Tesco, Werrington, Staniland Way – unleaded: 158.9p and diesel: 171.9p

6 Esso, Ramsey Service Station, Newton Road – unleaded: 159.9p and diesel: 169.9p

7. JET, Werrington Service Station, Lincoln Road – unleaded: 160.9p and diesel: 174.9p

8 Shell, Stanground, Whittlesey Road – unleaded: 161.9p and diesel: 176.9p

9. Morrisons, Peterborough Staniground – unleaded: 162.9p and diesel: 180.9p

10. Harvest Energy, Godsey Lane – unleaded: 162.9p and diesel: 176.9p

The prices listed by the Peterborough Telegraph are the most up-to-date fuel costs, as recorded by PetrolPrices.com, at the time of writing (24 March).

The figures are for unleaded fuel and diesel at petrol stations within a ten-mile radius of the city - and are subject to change.

Drivers are advised to check the price before travelling.