All Fuel Prices articles – Page 5
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NewsGrant Shapps urges ‘transparency on fuel pricing’ as PRA praises ‘competitive’ independent forecourts
The PRA has praised independent forecourts for competing well on price and undercutting supermarkets in the wake of fierce criticism that fuel retailers were overcharging at the pumps.
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NewsRAC accuses supermarkets of overcharging for fuel during cost-of-living crisis
The RAC has accused supermarkets of overcharging for fuel as the UK enters the festive period during a cost-of-living crisis.
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NewsAsda starts cutting fuel prices but without the usual PR fanfare
Asda has started cutting prices at its forecourts, but without the PR fanfare that used to spark similar cuts among its supermarket rivals.
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NewsPRA welcomes update on the Road Fuel Market Study being carried out by CMA
The PRA has welcomed an initial update on the Road Fuel Market Study being carried out by the Competition and Markets Authority (CMA).
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NewsCMA finds evidence of rocket and feather pricing and will investigate to find cause
Evidence of rocket and feather pricing and increasing retailer margins has been reported by the Competition and Markets Authority (CMA) in an initial update on the Road Fuel Market Study, which was launched in July.
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NewsRAC renews call for larger retailers to cut prices as oil falls to lowest price this year
A fall in the price of oil to the lowest level this year has increased pressure on the bigger retailers for a reduction in their pump prices, according to the RAC.
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NewsRAC accuses supermarkets of causing worst ever case of rocket and feather pricing
The RAC has blamed supermarkets for causing the worst case of rocket and feather pricingever seen in the fuel market.
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AnalysisPIPELINE: Rising E10 market share driving fundamental shifts
Trade in non-oxygenated gasoline blendstocks has hit record highs in Europe as the roll-out and uptake of E10 gasoline in the continent continues.
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NewsRAC slams supermarket fuel prices after Costco cut leaves its petrol 12ppl cheaper
The RAC has again accused the big four supermarkets of charging excessive margins on fuel, after Costco reacted to falling wholesale prices by cutting its petrol price by 8ppl to 147.7ppl, 12ppl less than the average price of a litre at the supermarkets.
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NewsCompetition watchdog publishes deadlines for its investigation into the road fuel market
Deadlines have been published for the market study into the road fuel market currently being carried out by the Competition and Markets Authority (CMA).
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NewsPrice differential between petrol and diesel hits new record just short of 25ppl
The price gap between a litre of diesel and petrol has hit a new high with diesel now almost 25ppl more expensive.
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NewsRAC lays into supermarkets for ‘shocking example’ of rocket and feather pricing
Amid the worst cost-of-living crisis in four decades drivers are being denied cheaper fuel by the UK’s biggest retailers refusing to lower their forecourt prices to reflect far lower wholesale costs.
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NewsPRA welcomes fuel duty freeze and business rates support announced in Autumn Budget
The PRA has welcomed a number of measures that were announced in the Chancellor’s Autumn Budget on Thursday.
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NewsOBR report stating fuel duty will rise by 23% in March is not government policy insists Chancellor
Suggestions that fuel duty will be hiked by 23% from March 2023, in an official report on yesterday’s Budget, are not government policy, the Chancellor has insisted.
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NewsRAC warns Chancellor that any fuel duty rise will increase inflation
Ahead of today’s Autumn Statement, the RAC is urging the Chancellor to leave fuel duty well alone as rising prices at forecourts – especially diesel prices – serve to lift inflation, with pump price increases in October having the potential to push it even higher in the weeks ahead.
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NewsPRA calls for 5ppl fuel duty cut to be maintained
PRA executive director Gordon Balmer is calling for the Chancellor Jeremy Hunt to maintain the 5ppl fuel duty cut that was introduced in March when he makes his much-anticipated Autumn Statement on November 17.
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NewsRAC warns supermarkets are not always cheapest for fuel as prices rise sharply
Fuel prices started rising sharply again last month, but the RAC is advising price-conscious drivers not to assume supermarkets are always cheapest, especially on petrol where their prices currently average just 1ppl less than the overall market.
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NewsAverage differential between petrol and diesel prices exceeds 20ppl for first time
The already record differential between the average price of petrol and diesel has increased to beyond 20ppl for the first time, according to RAC Fuel Watch data.
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NewsPRA welcomes government climbdown on claims retailers failed to pass on 5ppl duty cut
The PRA has welcomed a climbdown from the government accepting that retailers did not profit from the 5ppl cut in duty in the March Budget this year.
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NewsPump prices expected to rise after oil producing countries decide to cut production
Three months of falling pumps prices could shortly be over after the OPEC+ group of oil producing countries – which includes Russia and Saudi Arabia – announced they were cutting production.
