All Fuel Prices articles – Page 9
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News
Russian crisis continues to drive fuel prices to record levels
The Russian/Ukraine crisis continues to drive fuel prices to record levels, with suggestions of petrol reaching £1.60ppl.
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News
RAC warns average price of petrol at the pumps will top 150ppl within days
The RAC has warned that the average price of petrol at the pumps will top 150ppl across the UK in the next few days as the crisis in Ukraine pushes up already high oil prices.
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News
Increasing fuel prices are driving up cost of forecourt crime warns BOSS
The latest Forecourt Crime Index from BOSS, the British Oil Security Syndicate, has revealed financial losses from unpaid fuel incurred by forecourt operators increased by 4.2% to reach an average of £2,563 per site during the fourth quarter (Q4) of 2021.
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News
Morrisons launches promotion offering 7ppl off fuel with £40 spend in store
A promotion offering 7ppl off fuel prices for customers who spend a minimum of £40 in store has been launched by Morrisons.
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News
RAC urges retailers to hold firm as fuel prices reach record levels, but are ‘fairer’ than in December
As oil prices approach $100 a barrel, the RAC has urged fuel retailers to hold firm and not hike pump prices, while accepting that forecourt prices are much ‘fairer’ than they were.
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News
RAC concedes retailers are cutting margins to absorb wholesale price increases
The RAC has conceded that retailers cut their margins to absorb much of the increase in wholesale fuel prices last month, passing far less of the increase through to their pump prices.
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News
Moto unveils 15ppl price cut and urges other MSA operators to follow its lead
Moto is preparing to cut fuel prices at five of its motorway services areas (MSAs) by 15ppl after being given permission to display new digital fuel price signage on motorways, and is calling on other MSA operators to follow its lead.
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News
PRA dismisses RAC claims of overcharging at the pumps and 16ppl fuel margins
The PRA has dismissed claims by the RAC that fuel retailers overcharged motorists to the tune of £5 a day for unleaded fuel during December. The RAC also claimed that such behaviour would drive the uptake of electric cars.
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Analysis
ANALYSIS: Keeping fuel flowing
Government proposals to ensure resilience in the supply of oil based fuels have come under scrutiny.
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News
New record high prices for petrol and diesel set during November according to RAC Fuel Watch
Average retail prices for petrol and diesel increased during November and reached record highs with petrol at 147.72ppl on November 21 and diesel having reached 151.1ppl a day earlier, according to analysis by RAC Fuel Watch.
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Analysis
PIPELINE: Onset of winter brings demand uncertainty
Gains in fuel prices have been driven by a surge in crude prices, but early signs suggest the demand of road fuels is fading.
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News
FairFuelUK renews call for cut in fuel duty as petrol and diesel remain at record prices
FairFuelUK has renewed its call for a cut in fuel duty, pointing out that the Treasury is currently receiving a windfall from the record high prices for petrol and diesel.
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News
Drivers calling for government intervention over record fuel prices says RAC
Nearly seven-in-10 drivers (69%) want to see government intervention over the record high prices of petrol and diesel, according to a new RAC survey.
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News
RAC urges retailers to ‘play fair’ and blames supermarkets for driving up retail fuel prices during ‘record’ October
The average prices of both petrol and diesel hit new record highs in October, after rising by nearly 7.5ppl and 8ppl respectively, with RAC Fuel Watch blaming the supermarkets for driving the “enormous retail price jumps”.
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News
Spooky! RAC DOESN'T blame retailers, as average diesel price hits new record high on Halloween
The average price of diesel across the UK hit a ‘scary’ new record high of 147.94ppl a litre on Sunday, October 31, just surpassing the previous high of 147.93ppl set on 12 April 2012, according to the latest RAC Fuel Watch data.
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News
Oops! Decimal point blunder has fuel at 14.9ppl
Drivers in Margate, Kent were in for a pleasant surprise last week when a Shell forecourt’s pole sign had its decimal point in the wrong place and was charging just 14.9ppl.
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News
BUDGET: Cancellation of planned rise in fuel duty welcomed
The cancellation of a planned rise in fuel duty announced by the Chancellor Rishi Sunak in today’s Budget has been welcomed.
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News
PRA urges Chancellor not to raise fuel duty
Raising fuel duty in this week’s Autumn Budget would be ‘economically imprudent’ the PRA has claimed in a letter to the Chancellor, as pump prices reached levels.
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News
RAC points to fuel retailer margins as unleaded pump prices hit new record high
The RAC is pointing the finger at fuel retailers for contributing to the average price of petrol reaching a new record high of 142.94p yesterday (Sunday 24 October); and is calling on the government to temporarily reduce VAT.
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News
PRA chairman predicts record prices at the pumps by the end of the month
New record high pump prices for petrol and diesel are almost certain to be set before the end of the month, according to PRA chairman Brian Madderson.