Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 21 June 2022 to Question 16933 on Fuels: Prices, what estimate he has made of the proportion of the difference in retail petrol prices between 2014 and 2022 that is the result of changes in (a) traded wholesale prices for the fuels and (b) exchange rates; and if he will publish those prices and exchange rates.

UK petrol and diesel prices since 2014 have been primarily driven by the underlying price in the global market of crude oil. These are also influenced by exchange rates and a range of other supply and demand factors specific to the wholesale markets for the fuels, including stock levels, logistics and distribution costs and seasonal demand variations.

BEIS publishes weekly national average pump prices online at https://www.gov.uk/government/statistics/weekly-road-fuel-prices.

BEIS does not publish wholesale prices nor UK exchange rates.