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 … [Read more...]
Newslines 3 May
Thirteen million leisure trips are expected to be taken by car this coming weekend, the busiest in three years, according to research of drivers’ plans conducted by the RAC. Friday is expected to be busiest with around 4.4m separate leisure journeys by car, 1.5m more than the same day last year, followed by Saturday (3.4m, up 900,000 on 2018) and the bank … [Read more...]
Pump prices continue rising, RAC Fuel Watch reports
The average price of petrol rose for the second month in row with a litre going up by 2p in March to 122.58p, data from RAC Fuel Watch shows. This means filling a 55-litre family car with unleaded now costs £67.22. The average price of diesel also increased but only 0.70p to 130.67p taking a fill-up to £71.87. This is the second straight monthly … [Read more...]
Fuel retailers keeping up pump prices, says RAC
Pump prices fell for the second consecutive month in December, but not by the level they should have done considering the sharp drop in the price of oil, data from RAC Fuel Watch shows. The average price of unleaded went down 2.75p from 123.67p to 120.92p and diesel reduced by 3.08p from 133.09p to 130.01p. Oil, however, crashed 14.5% from $60.31 at the … [Read more...]
Fuel prices on the rise again, says RAC Fuel Watch
July saw the return of rising petrol and diesel prices at the forecourt, with both petrol and diesel edging up by around 1p a litre, said RAC Fuel Watch. Last month saw the continuation of recent ‘see-saw’ pump price changes – while drivers were stung with one of the worst petrol price rises through May 2018, the following month saw average prices fall by … [Read more...]
Fuel sellers keeping up prices
Following weeks of rising petrol and diesel prices, the RAC is today urging retailers to pass on recent reductions in wholesale costs they have enjoyed by cutting forecourt prices by 2p per litre. Data from RAC Fuel Watch shows that despite wholesale prices having dropped by between 2.5p and 3p since 22 May, drivers have suffered near-daily fuel prices … [Read more...]
Fuel prices fell in February
February ended three consecutive months of petrol and diesel price increases with 2p a litre coming off the average price of both fuels during the course of the month, said RAC Fuel Watch. The average price of unleaded dropped to 120.14p from 122.34p and diesel to 122.86p from 125.08p following two major cuts from Britain’s ‘big four’ supermarkets made … [Read more...]
Newslines 8 September
The Hummingbird Bike engineered by Prodrive is the world’s lightest folding bike and is now on sale from £3,495. The bike has been in development for more than 18 months and is the British motorsport and advanced technology group’s first venture into cycling, weighs just 6.9 kg and has a unique three-step folding mechanism, which allows the bike to be … [Read more...]
Newslines 5 June
Audi will introduce two advanced new Q SUVs and three e-tron battery electric vehicles while also replacing five ‘core’ models over the next few years. There will be new model generations in five core series, expansion of SUV family, extensive electrification and technology for driverless city cars ready for an initial small series by 2021. The average … [Read more...]
Newslines 6 January
Petrol and diesel prices rose by around 3p a litre in December taking them to their highest average since July 2015. RAC Fuel Watch data for the last month of 2016 showed unleaded hit 117.23p a litre and diesel 119.63p having been 114.24p and 116.56p a litre at the beginning of the month as petrol went up the most in Scotland and the north east while it … [Read more...]
