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StatementsFuel prices

Pump prices rise again

Image: Getty - All Rights Reserved
Image: Getty - All Rights Reserved

Responding to the rise in oil prices after US and Iran attacks, RAC head of policy Simon Williams said: "Pump prices have started rising again on the back of last week's increase in the cost of oil, meaning the savings drivers have been benefitting from recently could start to disappear. The average price of unleaded had fallen 9p from an Iran war high at the end of May of 159.53p to a low of 150.59p on 6 July but over the weekend has gone back above 151p (151.19p). Diesel has also begun to tick up from its conflict low of 164.52p to 164.85p today (Monday), having come down 27p since hitting 191.54p in mid-April.

"Drivers embarking on their summer getaways may well see slightly higher forecourt prices again, with both petrol and diesel likely to go up a couple of pence a litre more in the next week or so. The fate of pump prices here in the UK once again rests on whether there are further attacks between the US and Iran."

 

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The RAC is an iconic British driving services brand and has been championing drivers since 1897. Today it is one of the UK’s most trusted names, providing complete peace of mind ® to over 15 million drivers across breakdown cover, insurance, and mobile servicing and repairs.

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