There is a worrying outlook for diesel users and that will hit delivery drivers in their pockets and affect the bottom line for logistics firms.
RAC head of policy Simon Williams said, “Fuel prices continued to rise over the weekend with petrol climbing to a new Iran War high of 160.85p and diesel going back over 180p, something drivers haven’t seen since 9 June.
“Unleaded has now risen more than 10p a litre – 7% – since bottoming out at 150.59p on 6 July while diesel is up 16p (15.8p) a litre, or 10%, almost fully reversing June’s 16.6p reduction which was the biggest monthly drop on record.
“Positively for petrol car drivers, RAC analysis of wholesale fuel data shows prices at the pump should begin to stabilise this week. But the news for those who rely on diesel, including many businesses, is worrying as it looks set to carry on rising, possibly reaching 185p in the next week or so.”
Haulage firms depend on diesel almost exclusively and the rise will push up logistics costs while typical owner-driver delivery business firms will face tougher times if they cannot renegotiate drop-off terms.
