All Fuel Prices articles – Page 7
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Wolverhampton forecourt cuts fuel prices to help community
A Wolverhampton forecourt is currently charging the lowest prices for fuel in the city as a way of helping the local community during the cost-of-living crisis.
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CMA clears retailers of profiteering on fuel but orders in-depth investigation into market
A review of the road fuel market has cleared retailers of profiteering but ordered an in-depth investigation after it found “cause for concern in the growing gap between the price of crude oil when it enters refineries, and the wholesale price when it leaves refineries as petrol or diesel”.
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RAC reiterates call for cut in fuel duty or VAT on fuel after record price rises in June
The RAC has reiterated its call for a cut in fuel duty or VAT on fuel after the average cost of a litre of petrol rose 16.59p in June, smashing the previous 11p record set in March.
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PRA defends fuel prices as protestors take to the motorways
Tensions across the country are rising along with the high fuel prices as demonstrators took to many of the UK’s motorways today with ‘go-slow’ activity, demanding a cut in taxes to help contain costs.
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Soaring fuel thefts adding to retailers’ costs in volatile market warns PRA
Fuel thefts from forecourts have shot up by nearly two-thirds this year, adding to retailers’ costs in a highly volatile market, according to the PRA.
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PRA and leading retailer refute claim by RAC that continuing petrol price rises are “inexplicable”
The PRA and a leading independent retailer have refuted claims by the RAC that the continuing daily rise of the average price of petrol at the pumps is “inexplicable”.
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Average petrol price goes above 190ppl as calls for supermarket reductions grow
The record high prices of fuel hit a new landmark on Thursday when the average price of petrol topped 190ppl for the first time.
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Pressure growing for petrol price cuts but record-breaking highs not over yet
The RAC is calling on the big four supermarkets to cut their petrol prices to reflect a reduction in oil prices and wholesale costs.
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Petrol hits a new record price of 188.7ppl
Fuel prices continued their inexorable rise over the weekend, with the average price of petrol reaching a new record of 188.7ppl on Sunday.
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RAC predicts record-breaking run of average fuel price rises could end soon
Road fuel prices continued to rise to new record highs on Thursday, but the RAC has said the largest fuel retailers may soon be able to reduce prices to reflect lower wholesale prices.
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Weekly road fuel sales above year-to-date average despite record high prices
Current record high fuel prices do not appear to be having a marked effect on sales, according to the latest statistics from the Department for Business, Energy & Industrial Strategy (BEIS).
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Petrol prices have hit new record highs every day for the past month according to RAC
Petrol prices have hit new record highs every day for the past month, according to the RAC, and it predicted the price of both petrol and diesel will maintain their upward trajectory in the near future.
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Ministers don’t understand fuel pricing, says Balmer, as PRA responds to CMA review
Government ministers don’t understand how fuel prices are set, according to Gordon Balmer, executive director of the PRA, as he responded to this morning’s announcement that the Competition Markets Authority (CMA) has agreed to conduct a swift, high-level review of competition in the fuel retail sector.
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Calls for fuel tax cuts increase as average cost of filling a tank with petrol tops £100
Surging fuel prices have now pushed the average cost of filling the 55-litre tank of a family car with petrol to more than £100, according to the RAC.
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FairfuelUK defends independent fuel retailers, but is pushing for voluntary forecourt ‘Kitemark’
FairfuelUK founder Howard Cox appeared to stick up for independent fuel retailers on national TV today, while at the same time advocating a pump-pricing watchdog.
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Spectre of £2-a-litre diesel as fuel prices continue rise to record levels
The average price of petrol endured its biggest daily jump in 17 years by going more than 2ppl (2.23ppl) on Tuesday taking it to nearly 181ppl (180.73ppl).
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Balmer slams the Government's 'radio silence' as he highlights concerns of fuel retailers
PRA executive director Gordon Balmer has slammed the radio silence from the Government, as he appeared on breakfast TV to defend the efforts by fuel retailers to keep prices as fair as possible at the pumps.
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RAC calls for further cut in duty as fuel prices continue rise to record levels
Fuel prices have continued to break records over the bank holiday, according to the latest Experian Catalist figures, prompting calls by the RAC for a further cut in fuel duty.
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PRA launches staunch defence of petrol retailers as fuel prices continue rise to record levels
A staunch defence of fuel retailers is under way this week by the Petrol Retailers’ Association, following press reports at the weekend that the Prime Minister is to target ‘rip-off’ forecourts.
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PRA hits back as Boris is reported to be preparing war on ‘rip-off’ petrol stations
A campaign by FairFuelUK for an independent pump pricing watchdog, appears to be gaining traction following press reports at the weekend that PM Boris Johnson is preparing to ‘declare war on rip-off petrol stations’.