Petroleum Prices in Iceland

Types of Fuel Price in ISK
1 Liter Gasoline/Petrol: 304.94 ISK
1 Liter Diesel Price: 319.75 ISK
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Crude Oil Price in Icelandic Kr

WTI Crude OilPrice in ISK
1 Liter Crude Oil : 49.49 ISK
1 Barrel Crude Oil: 7867.85 ISK
1 Barrel Today Low: 7830.56 ISK
1 Barrel Today High: 7848.06 ISK

Please note that the prices mentioned above are calculated based on the current exchange rates and WTI crude oil prices (mentioned below). These figures are used to derive the prices listed above and are subject to change based on market fluctuations. Here is the breakdown for your reference:

Today, 1 USD = 120.68 ISK
1 Barrel Crude Oil = $65.2 USD
1 Barrel Volume = 159 Liters


Electricity Price in ISK
Electricity Residential 23.263 ISK
Electricity Commercial: 11.68 ISK


Barrel Price of Crude Oil in icelandic kr

Total Barrel/s Current Price
1 Barrel 7867.9 ISK
5 Barrel 39339.3 ISK
10 Barrel 78678.5 ISK
20 Barrel 157357.1 ISK
40 Barrel 314714.1 ISK
50 Barrel 393392.7 ISK
100 Barrel 786785.3 ISK


Price per Litre of Crude Oil in Iceland

Total Liter/s Current Price
1 Litre 49.5 ISK
5 Litre 247.4 ISK
10 Litre 494.9 ISK
20 Litre 989.7 ISK
40 Litre 1979.5 ISK
50 Litre 2474.4 ISK
100 Litre 4948.7 ISK


Last 30 Day's ISK Rate

Date 1 USD to ISK
2025-06-30 120.76 ISK
2025-06-29 121.135 ISK
2025-06-28 121.16 ISK
2025-06-27 121.37 ISK
2025-06-26 121.16 ISK
2025-06-25 121.95 ISK
2025-06-24 121.99 ISK
2025-06-23 123.02 ISK
2025-06-22 123.704 ISK
2025-06-21 124.1 ISK
2025-06-20 124.05 ISK
2025-06-19 124.16 ISK
2025-06-18 124.72 ISK
2025-06-17 125.1 ISK
2025-06-16 124.44 ISK
2025-06-15 124.65 ISK
2025-06-14 124.65 ISK
2025-06-13 124.7 ISK
2025-06-12 124.36 ISK
2025-06-11 125.01 ISK
2025-06-10 125.75 ISK
2025-06-09 126.01 ISK
2025-06-08 126.452 ISK
2025-06-07 126.37 ISK
2025-06-06 126.38 ISK
2025-06-05 126.19 ISK
2025-06-04 126.6 ISK
2025-06-03 127.11 ISK
2025-06-02 126.21 ISK
2025-06-01 127.054 ISK


What is the Fuel Prices in Iceland?

Welcome to the Petroleum (Gasoline oil, Diesel, Petrol, Crude Oil, LPG, Electricity) prices in Iceland per Litre, Barrel, and Gallon.. We provide the prices of both commercial and residential tariff of all types of energy in icelandic kr. This page is about the different units of Gasoline (aka Petrol), Diesel, LPG, Gass, Kerosene, Heating Oil, Electricity, Crude oil, etc. The above informations are provide subject to our policies, disclaimer, terms and conditions.

Note: The crude oil is based on spot market

The crude oil was last updated on 30-Jun-2025 22:42:02 (GMT Time), other fuel, etc. information is listed in the following table , while the currency was updated on 2025-06-30 22:05:00 (GMT Time) .

Energy price data collection (freshness) information:

Gasoline /Petrol: 2025-06-23
Diesel : 2025-06-23
Electricity Residential 2024-12-01
Electricity Commercial: 2024-12-01