Fuel price rises on the horizon after further falls in May
The price of unleaded petrol fell again in May but drivers should be braced for the start of price rises
The price of unleaded petrol fell again in May but drivers should be braced for the start of price rises
The RAC reacts to the news petrol is now being sold at supermarkets for less than £1 per litre, the first time since early 2016
The average cost of filling up a car with unleaded petrol has dropped to its lowest level since May 2016, as a result of the historic oil price falls caused by the coronavirus outbreak, data from RAC Fuel Watch shows
Amid exceptional circumstances, UK petrol prices fell by their largest margin in 12 years in March, triggered by a complete collapse in the world oil price, new RAC Fuel Watch data shows*.
While the price of a barrel of crude oil began the month above $50, by the end of March it had plummeted by 66% to under $18, its lowest level in 18 years. This was due to a combination of plunging demand in
The RAC's fuel spokesman comments on the large price cuts announced today, following the plunging cost of oil
As the oil price falls due to oversupply and the impact of the coronavirus outbreak, the RAC expects UK fuel prices to drop considerably in the coming days
The RAC's lead on fuel prices reacts to today's price cut announcements
The RAC's lead on fuel prices reflects on today's oil price news and what it might mean for UK drivers at the pumps
Drivers favour keeping fuel duty at the current rate and investing more in local roads, RAC research shows
RAC Fuel Watch data shows petrol and diesel fell dramatically in February, but retailers still need to cut their prices more due to the oil price slump.
The RAC's fuel spokesman reacts to the news petrol and diesel pump prices are due to fall
The RAC's fuel spokesman reacts to the news that major retailers have started cutting prices after the RAC's calls