All Fuel Prices articles – Page 2
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NewsFuel at highest price in over three years as diesel tops 180ppl
The average retail price for a litre of diesel currently stands at 181.2p, a level not seen since December 2022, while unleaded is at a 28-month high, at 152ppl.
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NewsForecourts in the ocean and unleaded at £15 a litre: errors “could fatally undermine confidence” in Fuel Finder
Significant errors with Fuel Finder – including over 500 forecourts having incorrect location information listed and over a dozen sites selling fuel for unrealistic prices – “flag an urgent need to address data quality issues” with the system, according to a new analysis.
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NewsPrime Minister to meet BP and Shell bosses as concern over fuel shortage grows
Keir Starmer is to meet with the heads of major oil companies as concerns grow that the Iranian conflict will soon bring about a shortage of fuel in the UK.
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NewsDiesel shortage likely next month
The Iranian conflict is set to bring about a UK-wide shortage of diesel within a fortnight due to a fall in imports caused by the disruption to fuel supply and transit the Iranian conflict has brought about.
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NewsGovernment committee changes tune after PRA tells MPs: “Refrain from lurid language”
The Energy Security and Net Zero Committee appeared to have a change of heart in real time this week, after the Petrol Retailers Association pushed back against an MP’s accusations of ‘price gouging’ in the sector.
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NewsForecourt firms vindicated as major investigation finds no evidence of profiteering
In the wake of weeks of senior politicians accusing petrol station operators of ‘price gouging’ and ‘ripping off’ consumers, a major new study has uncovered no evidence of unfair pricing practices amongst UK forecourt firms.
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NewsChancellor to introduce new “anti-profiteering” powers as criticism of fuel retailers continues
Chancellor of the Exchequer Rachel Reeves has announced she is to introduce a new “anti-profiteering framework” via the Competition and Markets Authority to crack down on “price gouging”.
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NewsFuel rationing likely if oil disruption continues
Severe restrictions could be implemented for drivers and forecourts if oil disruption continues, with the government’s emergency toolkit for fuel shortages recommending reduced speed limits, fuel rationing and limited forecourt hours be implemented.
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AnalysisCOMMENT: Price gouging is definitely happening at the forecourt: the government is doing it
It really comes to something when you’re not only accused of doing something you’re not doing, but when the person accusing you is the one carrying out the unwanted behaviour – but that’s exactly where we are when it comes to talk of ‘price gouging’ at the petrol pump.
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NewsFuel thefts spike following pump-price rises
The sharp rise in fuel prices has brought with it a significant increase in incidents of fuel theft, with data from three forecourt security firms painting a similarly worrying picture.
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Promotional FeatureThe hidden impact of fuel price transparency
From 2 February, the UK fuel retail market entered a new phase. The introduction of Fuel Finder represents a structural shift in how customers choose where to buy fuel and, by extension, where they shop, eat and refuel in other ways.
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NewsCMA “steps up” monitoring of fuel retailers in light of Iran war
The Competition and Markets Authority has announced it is stepping up its monitoring of petrol and diesel prices in light of soaring pump costs caused by the Iranian conflict.
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AnalysisReeves warns she will go after forecourts for “price gouging” and not sharing prices with Fuel Finder
The Chancellor of the Exchequer, Rachel Reeves, continued her attacks on forecourt operators on Tuesday (March 10), telling the House of Commons some retailers were selling fuel at 180p a litre, and that the government will “not tolerate price gouging”.
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NewsCMA boss provokes ire with mention of “ripped off” forecourt customers
The head of the Competition and Markets Authority has provoked anger amongst forecourt operators after saying the watchdog will “call out” fuel retailers if it detects “signs consumers are being ripped off” during the Iran conflict.
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NewsReform PR stunt sees petrol station taken over and fuel sold at big discount
With pump prices rising across the country in the wake of the Iranian conflict, Nigel Farage and Robert Jenrick of Reform have taken over a filling station to promise they would keep the 5ppl fuel duty discount were they to win a general election.
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NewsUnleaded headed for 150ppl and diesel 160p as oil tops $100 a barrel
The retail cost of a litre of unleaded is set to reach 140p over the coming few days, with the Iranian conflict pushing the price of a barrel of oil past the $100 mark, up from around $60 just a couple of weeks ago.
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NewsSUMMIT: German Fuel Finder leads to “no clear reduction” in fuel costs
Germany’s equivalent of Fuel Finder has brought about no meaningful change to average petrol and diesel prices despite the mandatory scheme being up and running since 2013, delegates at Forecourt Trader’s Summit heard this week.
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NewsCMA says higher operating costs are not the reason for higher margins on fuel
The CMA’s first Road Fuel Monitoring annual report published today (December 22) states that higher operating costs for petrol stations are not a “driver of increases in average fuel margins for large retailers”.
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NewsIndustry calls for clarity from government on Fuel Finder timeline
The industry is calling for clarity from government on timelines for the upcoming Fuel Finder Scheme, after the registration portal failed to open as planned this week on December 18.
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NewsNew PetrolPrices ad platform aims to boost footfall for forecourts
PetrolPrices, the UK’s leading fuel price comparison service, has announced the launch of its new geo-targeted advertising platform designed to help fuel retailers, particularly independent dealers, reach motorists in their immediate catchment area.