Motorists across the UK have received a welcome boost as petrol prices have fallen to their lowest level in over two years.
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Calls for major retailers to cut petrol by 5p a litre
Major fuel retailers are being urged to cut petrol prices by 5p per litre due to lower wholesale costs.
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Fuel price warning as oil hits 2023 high
Oil prices have hit their highest level of 2023, raising concerns that fuel prices will follow suit. This is bad news for consumers, who are already struggling with the rising cost of living.
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Drivers hit by one of the largest monthly fuel price hikes in 23 years
The average price of petrol in the UK rose by 7p per litre in August, the fifth largest monthly increase in 23 years. Diesel prices also rose by 8p per litre, the sixth largest increase over the same period.
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RAC gives drivers the power to find the cheapest fuel
The RAC has given drivers the power to always be able to find the cheapest petrol and diesel wherever they are by launching the most up-to-date, freely available fuel finding app in the UK.
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Diesel drops by a record 12p a litre in one month but is still 8.5p above the average charged in Northern Ireland
The average price of diesel fell by 12p a litre in May, making for the largest cut ever seen by the RAC since it began tracking fuel prices in 2000.
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Supermarkets cut diesel prices by more than 7p a litre after CMA expresses competition concerns
Major retailers, including supermarkets, have quickened the pace of cutting the price of diesel since the Competition and Markets Authority (CMA) expressed concern of weakening competition in the retail fuel market, new RAC analysis shows.
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Petrol falls below 145p a litre for the first time in 18 months
The price of a litre of unleaded dropped to 144.95p on Sunday 14 May – its lowest price since 3 November 2021.
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Diesel drivers overcharged by 16p a litre as wholesale price was lower than petrol for all of April
The price of diesel fell by nearly 4p a litre in April but still remains at least 16p more expensive than it should be as it’s now 6p cheaper than petrol on the wholesale market, according to data from RAC Fuel Watch.
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Fuel prices fall for fifth straight month, but diesel still seriously overpriced
Fuel prices fell for the fifth straight month in March with another penny coming off petrol and 4p off diesel, according to data from RAC Fuel Watch.
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Wholesale diesel now same price as petrol yet 17p gap on forecourts remains
The wholesale price of diesel is now on a par with petrol yet diesel is still being sold for 17.5p a litre more on average at forecourts across the UK, data from RAC Fuel Watch reveals.
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Price of diesel falls below 170p per litre for first time since March 2022
The average price of a litre of diesel has fallen below 170p for the first time in 11 months.
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Drivers hit by rise in fuel prices
Drivers are being hit by rising fuel prices after an increase in oil costs.
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Fuel price reductions in December ‘should have been far bigger’ – RAC
A reduction in fuel prices last month “should have been far bigger”, according to new analysis.
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Christmas getaway fuel prices at record high
Drivers are being hit by record Christmas getaway fuel prices, new analysis shows.
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Sunak refuses to rule out fuel duty hike, insisting it is a matter for Hunt
Rishi Sunak has refused to rule out the prospect of motorists facing a 12p-a-litre hike in fuel duty in March.
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2022 has been ‘the most volatile year’ for fuel prices, says watchdog
The Ukraine war and a weaker pound have made 2022 a ‘terrible year for drivers’ with fuel prices at their ‘most volatile’ on record, according to a study published today.
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Supermarkets ‘taking advantage’ of drivers with high fuel prices – RAC
Supermarkets are “taking advantage” of drivers by charging “far higher” fuel prices than they should be, a motoring services company has said.
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Fuel could go up by 12 pence a litre in March under planned duty hike
Petrol and diesel could rocket up by 12 pence a litre in March if a planned rise in fuel duty comes into force.
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Diesel rocketed by 10p per litre in October
Owners of diesel vehicles have been hit by the third biggest monthly rise in fuel prices on record.
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