All Fuel Prices articles – Page 5
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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).
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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NewsRAC accuses forecourt retailers of charging too much for diesel
The RAC has again accused forecourt retailers of profiteering at the pumps.
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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.
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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.
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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.
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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.
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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.
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NewsMilton Keynes councillors call on local forecourts to reduce “unfair” fuel prices
Liberal Democrat councillors in Milton Keynes are calling on local forecourts to lower their fuel prices, claiming prices in neighbouring areas are much lower.
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NewsPetrol and diesel prices fall for fourth consecutive month in February
The cost of petrol and diesel fell for the fourth consecutive month in February, according to RAC Fuelwatch.
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AnalysisANALYSIS: Price watchdog could savage independent sector
A proposed fuel price watchdog, which has gained support from a group of backbench Tory MPs, could wipe out many independent filling station businesses. John Wood reports.
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NewsRAC welcomes fall in price of diesel to below 170ppl for first time since March last year
The average price of a litre of diesel in the UK has fallen below 170p for the first time since last March, just after Russia invaded Ukraine.
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NewsRAC reports petrol prices have bottomed out and set to rise after three months of decline
After three consecutive months of falls the average price of petrol bottomed out at 148.35ppl towards the end of January and has now started to slowly rise again, according to the RAC.
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News30 Tory MPs write to business secretary calling for consideration of PumpWatch proposal
A 30-strong group of Tory MPs have signed a letter to business secretary Grant Shapps calling on him to investigate introducing FairFuelUK’s PumpWatch proposal.