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NewsWarning fuel prices will rise more quickly as a result of fuel crisis
PRA chairman Brian Madderson has warned government and media that rising wholesale prices of both petrol and diesel will feed through to the forecourts much more quickly than usual because of the recent fuel crisis.
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August sees an end to rising pump prices
After nine straight months of rising petrol and diesel prices on forecourts, prices remained largely unchanged during August, according to new RAC Fuel Watch data.
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Prices at the pumps rose for the ninth successive month in July
Prices at the pumps have risen for the ninth successive month with petrol up on average by 3.4ppl and diesel up 2.7ppl in July, according to RAC Fuel Watch.
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PIPELINE: Refined products market is improving
The health of the European refined products market is steadily improving as vaccine roll-outs continue to gather pace and demand slowly returns, but plenty of hurdles remain before the industry can breathe a sigh of relief.
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PIPELINE: Tight fuel supply outweighs demand
Low refinery runs and firm export demand have tightened European road fuel supply this winter, even as strict Covid-19 travel restrictions returned. European refineries responded to the return of Covid restrictions by slashing runs on an unprecedented level.
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