All Fuel Prices articles – Page 10
-
NewsBloomberg says post-virus surge in oil price to anywhere near $100 a barrel unlikely
Suggestions that oil prices could rise to $100 a barrel because of a post-virus surge in demand have been dismissed as unlikely by Bloomberg Intelligence (BI).
-
AnalysisPIPELINE: Hopes of European recovery are dashed
Hopes of a recovery in European products demand through the second quarter and into the summer months are being dashed by a rise in Covid-19 cases on the continent, and an increase in movement restrictions to combat the virus’ spread.
-
NewsFuel prices on a par with February 2020, reports RAC Fuel Watch
March saw the fifth straight month of petrol and diesel price increases at UK forecourts, with prices up another 2.7ppl and 2.4ppl respectively and both fuels now costing the same as they did in February 2020, according to new data from RAC Fuel Watch.
-
NewsAverage pump prices up 3ppl in February after fourth consecutive monthly rise
The average price of fuel on the UK’s forecourts rose by 3p a litre in February, according to data from RAC Fuel Watc
-
NewsRAC predicts steep price rises at pumps with potential for record highs next year
The RAC is predicting steep pump price increases, and potentially record highs next year, after the price of a barrel of oil climbed to January 2020 levels, with some analysts predicting prices could hit $80 this year as pandemic restrictions ease.
-
NewsSupermarket fuel price hikes exceed market average for second successive month
Supermarket fuel price increases have exceeded the market average for a second successive month.
-
NewsPIPELINE: Returning lockdowns to hit demand
European road fuel markets continue to face the squeeze, stuck between rising crude prices and the continued prospect of poor demand.
-
NewsSainsbury’s follows Asda’s lead in cutting the price of unleaded petrol and diesel
Sainsbury’s has announced that it will be cutting the prices of unleaded petrol and diesel a day after Asda announced it had cut its fuel prices. While Asda cut its prices on Tuesday November 3, taking 3ppl off its diesel and 2ppl off unleaded petrol, Sainsbury’s said ...
-
NewsAsda cuts fuel prices nationwide as RAC urges retailers to lower the price of diesel
Asda has cut 3ppl off diesel and 2ppl off unleaded across its 322 petrol stations across the country, stating that drivers filling up will pay no more than 111.7ppl on diesel and 108.7ppl on unleaded.
-
ArticlePIPELINE: Gentle recovery is now under threat
The gentle recovery in European road fuel markets realised through the summer months has come under threat as a second-wave of Covid-19 grips the continent.
-
News
‘Slight’ rise for fuel prices in August as motorways buck the trend
Petrol and diesel prices rose for the third month in a row, but are not returning to pre-pandemic levels, according to RAC Fuel Watch.
-
-
Article
A gentle recovery - more drivers are hitting the road
Oil prices continue their gentle recovery with benchmark Ice Brent futures trading in a $40-42/bl range for most of June, after closing out May at just over $35/bl.
-
NewsIndependents under pressure as Morrisons drops petrol price
The RAC has referred to the ‘darker’ side of the type of fuel price cuts Morrisons has announced today - dropping the price of its unleaded fuel down to less than £1 a litre - which heaps more pressure on smaller independent fuel retailers. It means unleaded fuel is priced ...
-
NewsPRA slams ’sickening’ charges of profiteering levelled at fuel retailers
Branding petrol retailers as “damning and criminal” in these immensely challenging times is “sickening” and “desperate knee-jerk journalism”, stressed PRA chairman Brian Madderson in response to a tweet and subsequent press release from Howard Cox of FairFuelUK. The FairFuelUK media communications claimed that fuel wholesalers and oil companies were still ...
-
NewsOil price jump puts end to run of lower pump prices
Three consecutive months of price reductions on the UK’s forecourts came to a halt in February as both petrol and diesel went up slightly. Data from RAC Fuel Watch shows the UK average price of a litre of petrol was up by 0.88p to 120.42p by the end of the ...
-
NewsAsda cuts fuel prices after RAC calls for reduction
Asda has cut is fuel prices with petrol price cap down 2ppl to 116.7ppl and diesel down 1ppl to 118.7ppl from this morning. When previous cuts have been made the other supermarkets have followed within hours. Dave Tyrer, Asda’s head of petrol trading, said: “We’re once again leading the way ...
-
News
Working at the margins
Fuel retailers, who were already operating in a very tough market, are facing increased downward pressure on the prices they can charge, according to the annual Global Pricing Study conducted by strategy and marketing consultants Simon-Kucher & Partners (SKP). The survey looks at the views of senior executives in a ...
-
News
Pricing for profit
The majority of retailers don’t believe they’re getting a satisfactory return for what they are offering their customers, according to a global pricing study by strategy and marketing consultants Simon-Kucher & Partners (SKP). And it’s significantly knocking their profits. The study has revealed that only a third of senior ...