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petrol prices Articles

UK: CMA study shows fuel retailers are profiting as prices rise

UK: CMA study shows fuel retailers are profiting as prices rise

The organisation says most price increases are down to "global factors" but some retailers are also raising margins.

By James Fossdyke 19 May 2023

UK average petrol price drops below 145p per litre for first time in 18 months

UK average petrol price drops below 145p per litre for first time in 18 months

Last time a litre of unleaded was this cheap was in November 2021.

By James Fossdyke 18 May 2023

UK diesel prices remain above petrol despite wholesale price parity

UK diesel prices remain above petrol despite wholesale price parity

RAC says retailers are buying petrol and diesel for roughly the same amount, but selling diesel for far more.

By James Fossdyke 29 March 2023

UK: Diesel drivers being overcharged at the pumps, RAC claims

UK: Diesel drivers being overcharged at the pumps, RAC claims

That's despite the fact average prices for both fuels fell in February.

By James Fossdyke 06 March 2023

UK fuel prices fall for third consecutive month but cuts may be ending

UK fuel prices fall for third consecutive month but cuts may be ending

Petrol and diesel prices were down again in January, but the RAC reckons we could soon be in for price hikes.

By James Fossdyke 06 February 2023

UK fuel prices tumbled in late 2022, but should they have fallen faster?

UK fuel prices tumbled in late 2022, but should they have fallen faster?

The RAC reckons so.

By James Fossdyke 30 January 2023

UK fuel prices fell by 9p per litre in December

UK fuel prices fell by 9p per litre in December

But the RAC says prices should be lower still.

By Hyundai 10 January 2023

RAC accuses petrol retailers of overcharging in run-up to Christmas

RAC accuses petrol retailers of overcharging in run-up to Christmas

The RAC says fuel prices will be at record Christmas levels over the coming weeks.

By James Fossdyke 23 December 2022

UK: Competition authority confirms further investigation of petrol station margins

UK: Competition authority confirms further investigation of petrol station margins

The Competition and Markets Authority says fuel margins have increased in 2022 but can't yet ascertain why.

By Hyundai 12 December 2022

UK: Average petrol prices down by almost 7p per litre in September

UK: Average petrol prices down by almost 7p per litre in September

But the RAC says retailers have increased their margins by around 10p per litre as oil prices tumble.

By James Fossdyke 07 October 2022

UK fuel prices in slow decline despite rapid drop in wholesale cost

UK fuel prices in slow decline despite rapid drop in wholesale cost

RAC says retailers are only dropping forecourt prices slowly as oil prices plummet.

By James Fossdyke 04 August 2022

UK offers some of the lowest fuel tax cuts in Europe amid price hikes

UK offers some of the lowest fuel tax cuts in Europe amid price hikes

RAC claims drivers abroad are paying considerably less for fuel.

By James Fossdyke 02 August 2022

UK drivers spent more than £1bn extra on fuel in last 12 months

UK drivers spent more than £1bn extra on fuel in last 12 months

Fuel prices have shot up over the past year.

By James Fossdyke 27 July 2022

More than half of UK drivers see low fuel costs as key benefit of EVs

More than half of UK drivers see low fuel costs as key benefit of EVs

But more than a fifth reckon there's no upside to life with an EV.

By James Fossdyke 30 June 2022

CMA to check whether UK fuel duty cut is being passed on

CMA to check whether UK fuel duty cut is being passed on

The government fears petrol stations may have pocketed the 5p-per-litre cut in fuel duty.

By James Fossdyke 16 June 2022

UK diesel prices hit record high despite reduction in fuel duty

UK diesel prices hit record high despite reduction in fuel duty

Drivers are now paying an average of more than £1.80 a litre for diesel.

By James Fossdyke 20 May 2022

UK fuel prices finally fall in April, but not by much

UK fuel prices finally fall in April, but not by much

Minor reductions signal respite constant price hikes... For now.

By James Fossdyke 09 May 2022

UK: Study shows Fuel Duty cuts made "no difference" to most motorists

UK: Study shows Fuel Duty cuts made "no difference" to most motorists

A survey suggests drivers have not felt the benefit of Sunak's 5p cut in Fuel Duty.

By James Fossdyke 21 April 2022

UK: Chancellor receives mixed response to fuel duty cut

UK: Chancellor receives mixed response to fuel duty cut

RAC says the cut is "welcome" but amounts to a "drop in the ocean".

By James Fossdyke 01 April 2022

UK government urged to consider fuel duty cut amid rocketing prices

UK government urged to consider fuel duty cut amid rocketing prices

The RAC Foundation says a reduction would help households through a difficult period.

By James Fossdyke 17 March 2022

Fuel prices hit all-time high despite RAC calls for minimal hikes

Fuel prices hit all-time high despite RAC calls for minimal hikes

Although the RAC has urged petrol stations to keep margins reasonable, high oil prices are causing the cost of fuel to increase.

By James Fossdyke 17 February 2022

Drivers are 'less interested' in fuel economy despite pump prices

Drivers are 'less interested' in fuel economy despite pump prices

Online car supermarket BuyaCar.co.uk says drivers are less likely to filter searches by fuel economy.

By James Fossdyke 09 February 2022

Fuel costs rise again but RAC says drivers are getting a better deal

Fuel costs rise again but RAC says drivers are getting a better deal

RAC claims fuel retailers are making less profit than at the end of 2021, despite increasing prices.

By James Fossdyke 07 February 2022

UK fuel prices finally fall, but RAC accuses retailers of 'not playing fair'

UK fuel prices finally fall, but RAC accuses retailers of 'not playing fair'

RAC says a typical tank of petrol costs an average of £6 more than it should.

By James Fossdyke 07 January 2022

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