All Fuel Prices articles
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NewsPRA hits back at Competition and Markets Authority claims that fuel margins are too high
The Competition and Markets Authority is “concerned about the intensity of retail competition” and says fuel margins “remain stuck at historic highs”.
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NewsOperators slam Asda’s 4p a litre price cut as ‘irresponsible publicity stunt’
Forecourt operators are warning that Asda’s announcement that it is cutting the price of petrol and diesel by 4p a litre today is a publicity stunt that could harm the wider industry by forcing rivals into unsustainable and damaging price reductions.
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NewsFuel prices reach six-month high: RAC
UK petrol and diesel prices have climbed for five consecutive months and are now at a six-month high, according to the RAC.
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NewsSUMMIT: PRA in talks with Competition and Markets Authority over forecourt profits and Fuel Finder Scheme
The Petrol Retailers Association (PRA) is meeting with officials from the Competition and Markets Authority (CMA) every two months to discuss matters relating to profitability, and the upcoming Fuel Finder scheme, attendees at Forecourt Trader’s 2025 Summit were told.
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NewsSUMMIT: Motorists prepared to drive five miles for cheaper fuel
The cost of a litre of unleaded or diesel remains a key motivator, with 55% of motorists prepared to drive up to five miles in search of cheaper fuel, according to exclusive consumer research for Forecourt Trader.
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NewsGovernment set to appoint supplier to run Fuel Finder service
The government is inviting bids to run its Fuel Finder database, an initiative aimed at increasing price transparency for motorists. It has also given further details on the timetable for its roll out by the end of the year.
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NewsMyAutomate acquires Portland Pricing to enhance its fuel data services
MyAutomate has announced the acquisition of Portland Pricing (www.portlandpricing.co.uk) from Portland Fuel, which it says is a significant step forward in its mission to provide cutting-edge fuel data and services to both consumers and businesses.
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NewsIncrease in biofuel content will lead to slightly higher fuel prices
Petrol and diesel prices will increase slightly again this year as part of the Renewable Transport Fuel Obligation (RTFO).
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NewsEnding fuel duty cut will harm individual motorists and businesses, says Allstar
Ending the 5p fuel duty cut now, which is expected to be announced in next week’s Autumn Statement, would harm both individual motorists and those businesses that keep the nation moving at the exact time that conditions have been improving for them.
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NewsCMA expected to launch road fuels monitoring function within next few months
The Competition and Markets Authority (CMA) is expected to implement its new road fuels monitoring function in either December this year or January 2024.
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NewsOperators hit back at RAC assertion that the Chancellor “has no option” but to remove 5p duty cut
Petrol retailers are exasperated by the RAC’s latest assertion that the Chancellor has no option but to get rid of the 5p per litre fuel duty cut because many are failing to pass it on to motorists.
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NewsFairFuel UK warns of 10ppl rise in fuel duty
FairFuel UK expects Labour’s first Budget to hit the motorist hard – with fuel duty increasing by 10ppl.
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NewsPetrol retailers could face substantial fines for not complying with watchdog’s fuel price scheme
The Government is consulting on imposing financial penalties of up to 5% of daily turnover on forecourt retailers that fail to comply with new measures designed to increase fuel price transparency.
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NewsCMA calls for enhanced interim voluntary scheme on fuel pricing
The CMA (Competition and Markets Authority) is calling on the government to introduce an ‘enhanced interim voluntary scheme’ for its PumpWatch fuel price transparency plan while it waits for legislation to come into force.
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NewsPRA lays down its wish list to new government
The Petrol Retailers Association is urging the new government to keep fuel duty low and come up with a “clear plan” to achieve net zero targets. It also calling for the issue of illegal car washes to be “addressed urgently” with the implementation of a national licensing scheme.
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NewsFuel monitor bill rushed through Parliament ahead of General Election
The Digital Markets, Competition and Consumers Bill, which includes more powers to monitor the road fuel market, has been rushed through Parliament and passed ahead of the upcoming General Election on July 4.
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NewsPRA hits back at RAC criticism of fuel margins
The PRA has hit back at criticism from the RAC about fuel margins by saying that petrol retailers are wrestling with skyrocketing increases to their costs and are offering motorists the best deals they can.
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NewsMyAutomate to continue PriceViewer service as Experian Catalist hands over to Allstar
MyAutomate, the owners of PetrolPrices, has signed an agreement with Allstar to continue the PriceViewer service for retailers to compare petrol and diesel prices in the UK.
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NewsCMA report omits rising costs, says PRA
The PRA has hit back at the CMA for not including rising costs in its latest monitoring report on road fuel, which was released last week.
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NewsFuel margins are still high, says CMA
The CMA’s latest monitoring report on road fuel has found that prices at the pump have risen since late January, accompanied by above average margins and spreads.
