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Prices at the pumps fall for third successive month

The price of petrol fell by 1.5ppl in October making for three consecutive months of cuts, data from RAC Fuel Watch shows.

fuel pumps

RAC claims that fuel prices are too high despite reduction

The RAC has claimed fuel prices are too high, but conceded independent retailers may not be able to cut prices for financial reasons.

Asda's Tonypandy filling station

Asda cuts cost of petrol by 3ppl but diesel price unchanged

A cut of 3ppl in the price of petrol has been made by Asda taking its price cap on unleaded to 122.7ppl, while diesel remains unchanged at 126.7ppl.

fuel pumps

Supermarkets blamed by RAC as fuel prices don't follow market

The major supermarkets have been blamed by the RAC as it claimed fuel retailers did not pass on full savings to motorists after the wholesale prices of petrol and diesel fell during August.

fuel pumps

Pump prices rising as sterling weakens against dollar

After a month of falling fuel prices in June, July saw both petrol and diesel rise again as sterling lost 3% against the dollar, data from RAC Fuel Watch reveals.

fuel pumps

Petrol and diesel prices fall after four months of rises

Four months of rising fuel prices came to an end in June with the average cost of both petrol and diesel at the pumps falling sharply due to the cost of oil dipping to $62, according to RAC Fuel Watch.

Sainsbury's forecourt

Sainsbury's launches promotion offering 10ppl off fuel

Sainsbury’s has launched a promotion offering customers 10p per litre off fuel when they spend £60 or more on groceries at a Sainsbury’s supermarket or online between Thursday 27 June and Tuesday 2 July 2019.

Charlotte Blum: analysis editor, Argus Media

The international crude and petrol markets that underlie fuel prices in UK forecourts are tightening for separate reasons, keeping prices at the pump well supported.

Charlotte Blum: analysis editor, Argus Media

Global crude oil prices are driving fuel prices at the pump, and all eyes are on Opec's attempts to raise them. There are early signs that production cuts are beginning to bite, but producers are facing an uphill struggle.

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Weekly retail fuel prices: 4 November 2019
RegionDieselLPGSuper ULUL
East130.9367.90138.13126.75
East Midlands130.73139.73126.64
London130.73139.60127.04
North East129.5562.90137.10125.31
North West129.9963.90138.40126.48
Northern Ireland128.05133.57124.33
Scotland130.6059.30137.24126.23
South East131.4566.90139.66127.42
South West130.7674.90137.94126.68
Wales129.84136.06125.42
West Midlands130.4059.90137.63126.57
Yorkshire & Humber130.02139.47126.29

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When a major car manufacturer like Ford predicts that sales of its electrified cars will outnumber petrol and diesel models by 2022, does that ring alarm bells about the possible speed of change for forecourts?

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