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Volatility in oil market set to push up prices at the pumps
Volatility in the oil market caused by the heightened tension in the Middle East could feed through to the pumps in the shape of higher prices, the RAC has warned.
UKPIA’s director-general, Stephen Marcos Jones
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UKPIA publishes annual review of downstream oil industry
UKPIA has published its annual review of the downstream oil industry.
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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| Region | Diesel | LPG | Super UL | UL |
|---|---|---|---|---|
| East | 133.41 | 67.40 | 141.10 | 128.52 |
| East Midlands | 132.93 | 141.67 | 128.44 | |
| London | 133.05 | 65.90 | 142.23 | 128.80 |
| North East | 131.55 | 139.57 | 126.67 | |
| North West | 132.10 | 66.90 | 140.54 | 127.58 |
| Northern Ireland | 129.82 | 134.61 | 125.46 | |
| Scotland | 132.65 | 139.08 | 127.50 | |
| South East | 133.80 | 141.93 | 129.03 | |
| South West | 132.95 | 67.90 | 139.13 | 128.12 |
| Wales | 132.10 | 64.90 | 137.03 | 127.13 |
| West Midlands | 132.78 | 66.57 | 142.07 | 128.26 |
| Yorkshire & Humber | 131.99 | 63.90 | 141.14 | 127.34 |
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