Fuel prices rise again – Ridgeway Training – CPC Training Courses

Motorists have suffered the second consecutive month of price rises at the petrol station as the cost of a barrel of oil has increased by 25%. Oil prices rising is the primary reason behind the forecourt increases with the average price of petrol and diesel going up by around 2p a litre and as a result are now at around 108p per litre.

The wholesale cost of petrol rose by 2.5p whereas diesel increased by 4.6p a litre.

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The cost of a tank of diesel rose by £1.42 in April, this is on top o the £2 it rose in March, meaning over the last two months a full tank would cost an extra £3.42.

Supermarkets fuel prices also rose by an average of 3p per litre for both petrol and diesel.

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The fuel spokesman of the RAC, Simon Williams had this to say about the increase in price: “The physical or spot price of Brent crude oil saw its largest one-month gain in price in the past 12 months. While this has had an adverse impact on the price motorists are paying for petrol and diesel on the forecourt, the world is still producing too much oil which means prices should not rise much further, and may stabilise or even start to fall again.

“It’s worth remembering that while prices have gone up in both March and April motorists are still paying 7p per litre less for petrol and 11p per litre less for diesel than they were at this time a year ago which means a tank of unleaded is more than £3 cheaper and diesel is £6 less expensive”.

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