Drivers facing rising forecourt prices as barrel of oil hits 13-month high
Storm clouds gathering for motorists with further fuel price hikes now firmly on the horizon
Storm clouds gathering for motorists with further fuel price hikes now firmly on the horizon
RAC Fuel Watch reports rising UK fuel prices, as oil hits the $55 a barrel mark
Three of four supermarket retailers increase their prices by 3p a litre despite wholesale price only rising by just over a penny a litre
Retailers were able to absorb the November oil price rise as they failed to pass on earlier wholesale savings to drivers
Virtually static petrol prices last month should give way to pump price cuts of up to 5p per litre within the next two weeks
Prices remained static in September, but diesel is 8p a litre more than it should be if retailers passed on wholesale price savings
Motorway fuel prices static but are now only 10p higher than UK averages, compared to 20p a litre in January
RAC Fuel Watch data shows July was another bad month for drivers with petrol and diesel going up by 3p a litre - petrol is now at 114.27p, that's 7p a litre more expensive than at the end of May. Diesel is 118.04p - 6p dearer than May.
Average price of a litre of petrol goes up by nearly 4p a litre, adding £2 to a tank - but on the bright side a tank of fuel is £9 cheaper than it was at the end of January
The price of unleaded petrol fell again in May but drivers should be braced for the start of price rises
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