RAC comments as fuel prices begin to rise

RAC fuel spokesman Simon Williams said: “With two supermarkets now having increased their prices at the pump, we may well see others follow suit this week unless they’re prepared to absorb increased wholesale costs for the benefit of their customers. As a result we’re seeing average prices rise slightly, with a litre of unleaded petrol now being sold for a little under 103p and diesel for just over that price.

“Fortunately, while the crude oil price has risen it causing wholesale fuel prices to go up, it is still relatively low – currently hovering around the $40 a barrel mark. So while the magic sight of fuel being sold for under £1 a litre might be starting to disappear, we don’t think motorists need to be concerned that prices are going to suddenly shoot up, unless of course the Chancellor decides to increase fuel duty in tomorrow’s Budget.

“The slight increase in wholesale fuel prices should not be an excuse for more expensive retailers, including motorway service stations, to hike the cost of fuel and unfairly hit the motorist.”

Press office team

Press office team

For journalist enquiries only

Share

Latest stories

Website preview
Fuel prices fall in August after two months of rises - but drivers continue to pay over the odds at the pumps
Average pump prices fell by less than a penny in August ending two months of rises, new analysis by RAC Fuel Watch has found.
media.rac.co.uk
Website preview
Drivers divided on how to tackle pavement parking in England – but most want action
UK Government due to announce next steps on tackling problem pavement parking in England
media.rac.co.uk
Website preview
Draft third Road Investment Strategy published - RAC reaction
Following the publication this morning of the draft third Road Investment Strategy ('RIS3'), which sets out the Government's priorities for the country's major road network, RAC head of policy Simon Williams said:
media.rac.co.uk

Get updates in your mailbox

By clicking "Subscribe" I confirm I have read and agree to the Privacy Policy.

About RAC Media Centre

The RAC Media Centre provides journalists and news outlets with the latest motoring-related news, comment, data and research.

The RAC is an iconic UK brand, and provides complete peace of mind to 15 million UK private and business drivers - whatever their motoring needs. As well as its premium nationwide breakdown assistance service – with an expert branded patrol workforce attending more than two million breakdowns every year – and European breakdown assistance products, it offers a wide range of market-leading products across insurance, legal services, vehicle inspections and service, maintenance and repair. Included in this is the first-of-its-kind nationwide Mobile Mechanics service which brings the garage to homes and workplaces. 

At the forefront of new solutions for business fleets and consumers, the RAC’s breakdown service is electric-ready with mobile EV charging technology and be called on using myRAC – its all-in-one route planner, fuel finder and breakdown reporting app

Contact

press.office@rac.co.uk

media.rac.co.uk