All Fuel Prices articles – Page 3
-
NewsRAC analysis shows supermarket fuel margins more than doubled since Ukraine invasion
Supermarket margins on petrol and diesel have more than doubled since Russia invaded Ukraine, according to analysis by the RAC.
-
NewsCMA claims it will be able to put major retailers’ fuel prices online by end of August
A temporary scheme to make the daily fuel prices of major retailers freely available to consumers will be operating by the end of August, according to the Competition and Markets Authority CMA), but with five weeks to go how it will operate has yet to be agreed.
-
NewsEnergy secretary meets supermarket bosses to call for voluntary fuel price sharing
Energy Secretary Grant Shapps held a meeting with the bosses of the major supermarkets and the oil companies today seeking to get a voluntary price sharing scheme working by next month.
-
NewsRAC launches free fuel finder app intended to enable drivers to locate cheapest fuel
The RAC has released a new free fuel finder app which it says will enable motorists to locate the cheapest fuel in their area.
-
NewsPRA welcomes government commitment to transparency in fuel pricing
The PRA has welcomed the government’s commitment to transparency after it vowed to introduce a statutory open-data scheme for fuel prices, requiring retailers to share real-time pricing information.
-
NewsGovernment commits to implementing CMA’s fuel price recommendations
The government has committed to introducing an open data scheme to give drivers access to petrol station prices through their smart phones or sat navs, and to introducing a body to monitor the road fuels market.
-
NewsCMA publishes damning report on supermarket fuel prices and calls for new monitor
Supermarkets have failed to compete effectively on fuel prices, according to a damning report by the Competition and Markets Authority (CMA).
-
NewsSupermarkets say they’d ‘welcome’ greater fuel price transparency when quizzed by MPs
Senior figures from four of the biggest supermarkets appeared to support a new system of fuel price transparency when they were questioned this week by MPs on the cross-party Business and Trade Committee on food and fuel price inflation and whether the UK would soon see price falls.
-
NewsMonthly fall of 12ppl in the average price of diesel is the largest ever recorded by RAC
The average price of diesel fell by 12ppl in May, making for the largest cut ever seen by the RAC since it began tracking fuel prices in 2000.
-
NewsSupermarkets speed up price-cutting of diesel after CMA expresses concern
Major retailers, including the big four supermarkets, have stepped up the pace of cutting the price of diesel since the Competition and Markets Authority (CMA) expressed concern about weakening competition in the retail fuel market, according to new RAC analysis.
-
NewsPump price of unleaded petrol falls below 145p per litre for first time in 18 months
The average price of petrol has fallen below 145ppl for the first time in 18 months, new fuel price data from the RAC reveals.
-
NewsCMA to investigate supermarkets over fuel margins
The CMA is unhappy with the level of engagement from supermarkets in its Road Fuel Market Study and so will now be conducting formal interviews with the supermarkets’ senior management. The announcement came in an update from Sarah Cardell, chief executive of the CMA.
-
NewsMotorists queue for ‘cheapest fuel in UK’
Motorists have been queuing to fill up at the Eastgate Garage in Narberth, Pembrokeshire for what is believed to be the cheapest fuel in the UK.
-
NewsRAC calls for government action against larger retailers over diesel pricing
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 6ppl cheaper than petrol on the wholesale market, according to data from RAC Fuel Watch.
-
NewsRAC accuses forecourt retailers of charging too much for diesel
The RAC has again accused forecourt retailers of profiteering at the pumps.
-
NewsMorrisons runs offer for 5ppl off fuels for customers spending £35 until April 23
Morrisons is offering 5p off every litre at its fuel pumps to customers who spend £35 in store or online until Sunday 23rd April.
-
NewsRAC renews criticism of supermarkets as wholesale price of diesel dips below petrol in March
The RAC has renewed its criticism of the big four supermarkets as fuel prices fell for the fifth straight month in March with another penny coming off the average price of a litre of petrol and 4p off diesel.
-
NewsRAC accuses supermarkets of outrageous behaviour over diesel prices
The RAC has accused the big four supermarkets of outrageous behaviour over the pricing of diesel as its wholesale price is now on a par with petrol yet diesel is still being sold for 17.5ppl more on average at UK forecourts.
-
NewsEU could waive 2035 ban on sales of new ICE cars for vehicles that only use synthetic e-fuels
Cars running on synthetic e-fuels could be exempted from the EU’s proposed ban on the sale of new internal combustion engine cars from 2035.
-
NewsRAC claims retailers are not passing on diesel wholesale price reductions to customers
The RAC is claiming that fuel retailers are not passing on reductions in the wholesale price of diesel to their customers.