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UK ranked seventh most expensive place to buy fuel

Thursday, June 18, 20150 comments

UK ranked seventh most expensive place to buy fuel 

Norway is the most expensive place in the world to buy petrol, while the UK is ranked seventh, according to new analysis from Santander.
Petrol prices in Norway currently average 152 pence per litre (ppl), 26% higher than the UK where the price per litre is 121 pence. Turkey (139ppl) and Hong Kong (134ppl) complete the top three.
Although prices are highest in Norway, relative incomes are also higher which means fuel spend accounts for 8% of Norwegians’ average disposable monthly wage, but motorists in Turkey spend nearly two-fifths (39%) of their monthly wage on fuel.
Portugal comes in second place with 25% of monthly wage spent on fuel, followed by Greece in third place at 24%.  By comparison, the Swiss spend just 4% of their disposable income on petrol.
http://www.fleetnews.co.uk/news/fleet-industry-news/2015/06/18/uk-ranked-seventh-most-expensive-place-to-buy-fuel 
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