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 rising again and more to come
Supermarkets have increased the price of petrol and diesel every day since the end of March, adding more than 8p a litre to the average price at their pumps, analysis of RAC Fuel Watch reveals. The outlook is not good for the rest of the half-term break, and possibly into the summer. On 26 March a litre of unleaded bought at the big four supermarkets … [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...]
Fuel prices rise for third month to four year high
The national average price of petrol and diesel rose in January for the third month in a row and is now at a four-year high, according to RAC Fuel Watch. Unleaded increased 1.34p at the pumps to 122.24p a litre while diesel went up 1.56p to 125.04p a litre. This means the price of petrol has increased 4p a litre since October 2017 when it was around 118p. … [Read more...]
Newslines 5 December
Petrol and diesel rose by more than 2p a litre in November taking the average price of both fuels to their most expensive for three years, new RAC Fuel Watch data shows. A litre of unleaded went up from 118.43p to 120.78p (2.35p) and diesel from 120.96p to 123.18p (2.22p) as a result of oil spending the whole month above the $60 a barrel mark and the cost … [Read more...]
Fuel prices rising in summer heat
July saw the first increase in the average price of petrol and diesel for three months following a late surge in the cost of oil. RAC Fuel Watch data shows a litre of unleaded increased by nearly a penny (0.7p): having begun July at 114.47p it rose to 115.17p. Diesel went up by a similar amount (0.73p) from 115.27p to 116p. This means the cost of filling … [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...]
Come clean on fuel revenue, Government told
The RAC is this morning renewing its call for the amount of money generated by fuel duty at each forecourt fill-up to be clearly shown on receipts. It's throwing its weight behind the Vehicle Fuel (Publication of Tax Information) Bill being introduced today by Peter Aldous MP. The changes outlined in the bill, which is promoted by … [Read more...]
Fuel price rise hits eight-year high, for now
The price of petrol rose more in October than at any time since February 2013, with diesel rising at the fastest rate since May 2008, shows data from the RAC’s latest Fuel Watch survey. A combination of a weak pound since the UK’s EU referendum vote and rising oil prices have contributed to average petrol prices rising by 4.37p per litre from 112.34p on 2 … [Read more...]
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