Further pump price increases expected next week - latest RAC data and statement

Reflecting on the latest UK fuel price data, RAC head of policy Simon Williams said:

“Since the conflict began, average petrol prices are now almost 12p (9%) higher at 144.51p a litre, with diesel up by twice that amount (24p, 17%) to 166.24p. Diesel drivers have seen prices rise by 2p over the last two days alone. The cost of filling a typical family car with unleaded is £6.40 more now (£79.48 for a tank) than at the start of March, while the figure for diesel is a hefty £13 (£91.43 for a tank).

“The oil price has been consistently above the $100 a barrel mark this week, so unfortunately further rises look all but inevitable going into next week. The average price of a litre of unleaded is likely to reach 150p, and diesel possibly 180p, by Easter. With many people heavily dependent on the car, the pressure on household budgets is beginning to intensify.

“We have published comprehensive advice on how drivers can save fuel, and urge everyone to use free apps such as myRAC to pay the lowest price wherever they are."