The average price of petrol shot up by 3.5p to 120p a litre in January – a price last seen the day before the first Covid-19 lockdown on 22 March 2020 and the third consecutive monthly increase, says RAC Fuel Watch. Diesel also went up by more than 3p a litre from 120.05p to 123.43p (3.38p), making for the second rise in as many months. Both fuels, however, … [Read more...]
Newslines 2 February
Nissan introduces the LEAF10, a special edition of the popular all-electric car, to celebrate a decade of sales as the first mass-market EV in the world. Available in UK dealerships from February, LEAF10 introduces a new bold body colour to the Nissan palette, complemented by exquisite pattern detailing on the exterior from £28,820 OTR (including the Plug … [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...]
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 … [Read more...]
Dire warning over fuel duty rise
Speaking in response to rumours circulating of a potential fuel duty rise, Elizabeth de Jong, Director of Policy at Logistics UK,said it would be big blow to the UK’s recovery after coronavirus. “Logistics UK and its members are extremely concerned by rumours circulating of a significant fuel duty rise in the Autumn Budget. Logistics businesses have … [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 … [Read more...]
Fuel prices fall may be hit by Budget bash, warn RAC
Don’t hold your breath for fuel cuts, warn the RAC. The plunging price of oil over the weekend should bring down pump prices within days, but RAC fuel spokesman Simon Williams said, “This is looking like the biggest single daily drop in the oil price in 20 years. “It should translate to some serious cuts at the pumps, particularly as the price of both … [Read more...]
Pump prices begin rising again, says RAC Fuel Watch
A surge in world oil prices in December has brought an end to four months of falling petrol prices with a litre of unleaded going up very slightly (0.24p) to 126.11p, data from RAC Fuel Watch reveals. The price of oil increased $3 ($2.91) a barrel over the course of the month from $63.61 to $66.52 – a rise of nearly 5% – as a result of the United States and … [Read more...]
Tradelines 28 August
The Petrol Retailers Association has welcomed hints carried by national media that the Treasury may be considering fuel duty cuts in the upcoming Autumn Budget, said Brian Madderson, Chairman of the PRA. Senior sources have confirmed that the Government would announce the 2ppl fuel duty cut later this year - the first reduction of the motoring tax in … [Read more...]
UK Government make fuel costs among highest in world
UK drivers are paying significantly more for petrol and diesel than other countries in Europe and further afield. Used car supermarket, CarShop, has researched the cost of petrol and diesel for UK drivers, and compared it against other countries to see just how much more we are paying per litre and why. Shockingly, the UK is one of the 10 most expensive … [Read more...]
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