The prices of both unleaded petrol and diesel at UK forecourts are now falling more quickly than at any other point in 2024 so far, with both fuels now nearly 7p cheaper than a month ago, RAC Fuel Watch analysis shows. As of Thursday 19 September, a litre of unleaded is being sold for 136.15p on average – down 5p since the start of September (141.26p) and almost 7p lower than a month ago … [Read more...]
Fuel prices again rising even before Budget, says RAC
The price of petrol has gone up more than 3p a litre in the last three weeks while diesel has increased by 4p, the RAC has revealed. Worryingly for drivers, unleaded has risen by 3.2p from 140p on 29 January to 143.4p on 18 February and diesel has shot up from 148p to 152p in the same period, adding around £2 to filling up a family car. RAC Fuel Watch data shows petrol had been on a welcome … [Read more...]
Drivers still short-changed on fuel, says RAC
Despite a further 12p (12.31p) coming off the price of the average price of petrol last month – the largest monthly drop on record – pump prices remain a long way off what the RAC believes are fair given current wholesale fuel costs, new RAC Fuel Watch analysis shows. The average price of a litre of unleaded is now under 170p (169.8p) for the first time since May, with the price cuts made by … [Read more...]
Price cuts not being passed onto motorists
Fractional falls of under a penny a litre in the average price of both petrol and diesel over the course of a week when wholesale prices have plummeted are an irremovable stain on major retailers' reputations, said RAC fuel spokesman Simon Williams. "It's frightening to think this is going on under the nose of the Competition and Markets Authority. Whatever the situation is with the issue it has … [Read more...]
Motorists’ misery is mounting by the day
Motorists’ misery is mounting by the day, said the RAC. RAC fuel spokesman Simon Williams said, “The average price of petrol went up yet again on Sunday to a new record of 188.7p a litre. “More than five weeks of successive record prices has caused a litre of unleaded to rocket 23p from 165.5p in mid-May. “Diesel also climbed to another all-time high on Saturday with a litre reaching 196.1p. A … [Read more...]
Electricity charging costs rise 21% as market grows
The era of cheap electricity to charge a new low emissions car is disappearing while their sales are rising in the latest production figures from the Society of Motor Manufacturers and Traders. The average price of charging an electric car on a pay-as-you go, non-subscription basis at a publicly accessible rapid charger in Great Britain has increased by 21% to 44.55p per kilowatt hour since … [Read more...]
Petrol and diesel price cut must come this week
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 at an average of 147.64p a litre and … [Read more...]
Newslines 7 December
Fuel prices remained almost unchanged in November despite a barrel of oil shooting up $10 to $46 – a 27% monthly rise, shows data from RAC Fuel Watch. The average price of a litre of unleaded across the UK at the end of November was 114.33p – having fallen very slightly (0.19p) from 114.52p at the start of the month, while diesel dropped by a similar amount from 117.85p to 117.63p … [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 55-litre family-sized petrol car … [Read more...]
Fuel prices collapse but there’s a warning as well
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, says the latest RAC Fuel Watch report. 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 … [Read more...]
