Retailers must cut the price of petrol and diesel this week or risk losing all credibility with drivers, warn the RAC. RAC Fuel Watch data shows the price of oil fell by $10 a barrel to $73.18 last Friday on top of already lower wholesale prices meaning petrol is now around 12p a litre too expensive while diesel is 10p too high. Unleaded is currently … [Read more...]
£80 fill-up hits forecourts for first time
Fuel prices are soaring to new levels and it looks like a very expensive winter for drivers, says the RAC. RAC fuel spokesman Simon Williams said, “The price of petrol has continued to rise since it broke through the previous record high of 142.48p on 24 October, going up 3.5p in nearly three weeks. "This means filling up a 55-litre family car with … [Read more...]
Tradelines 3 November
The average prices of both petrol and diesel hit new record highs in October after rising by nearly 7.5p and 8p respectively – with the price of unleaded rising faster than in any month since 2000, reports RAC Fuel Watch. On Sunday 24 October petrol exceeded the 142.48p a litre all-time peak set on 16 April 2012 by reaching 142.94p, then the price has … [Read more...]
Petrol soars to 8 year high as traffic returns
Petrol is now at its highest price for nearly eight years after eight straight months of increases at the pumps, says RAC Fuel Watch. A litre of unleaded rose by 2.7p from 129.52p to 132.19p taking it to a price last seen in October 2013 while diesel went up 2.5p from 131.79p to 134.32p – its most expensive price in two years (134.34p on 10 June … [Read more...]
Supermarkets cashing in on motorists, says RAC
Three of four supermarket retailers increase their prices by 3p a litre despite wholesale price only rising by just over a penny a litre. The price of fuel rose by 2p a litre in December as a result of three of the UK’s major supermarkets putting up their prices well above the increase seen on the wholesale market, data from RAC Fuel Watch shows. The … [Read more...]
Fuel prices fall but rise coming, says RAC
The average price a litre of unleaded petrol fell below the 106p mark in May, the first time in more than four years that the price has dropped to this level, although drivers should be braced for the start of price rises, suggest latest RAC Fuel Watch data. As the lockdown in England was eased and more drivers headed onto the roads, the cost of refilling a … [Read more...]
Fuel costs falling again
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, shows data from RAC Fuel Watch. The average price of a litre of petrol fell by 4.15p in April, from 113.1p to 108.95p, meaning the cost of filling a 55-litre hatchback car … [Read more...]
Tradelines 25 March
Petrol prices crashed to an 18-year low this week. Falling oil wholesale cost saving are now reaching forecourts and Morrison’s has slashed 12ppl petrol and 8ppl diesel with prices at about 104ppl and 111ppl respectively, says the RAC, which is urging drivers to only go out if vital and support small independent retailers if they can. National Express … [Read more...]
Rising pump prices in Wales led by diesel
Motorist across Wales will be digging a little deeper into their pockets to pay for fuel, as the average price of petrol and diesel in the region increased as much as 7.3p in 12 months. According to Confused.com’s fuel price index, diesel drivers are bearing the brunt of the increases the most as the average cost per litre has increased to 130p – up a … [Read more...]
Diesel price rise steepest in Wales
The biggest rise in diesel fuel prices in almost two decades has been steepest in Wales, says RAC Fuel Watch. Motorists suffered the worst monthly rise in the average price of petrol in at least 18 years with 6p a litre being added at the pumps in May, their data reveals. Unleaded shot up from 123.43p to 129.41p, taking the cost of filling up a … [Read more...]
