All Fuel Prices articles – Page 11
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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