Petrol Prices

[Lizzie Zoom]

I have noticed, with a shock, that down here the petrol prices that had been coming down have now gone to average of £1.479p for a litre; that is an extra 4p per litre on last week.  Prices had been steadily going down.

So, what has happened now for  this to happen yet again?

The usual suspects are the War, China, Saudi, the dollar, exchange rates............................................!!

[Sir Tigger KC]

Last week I filled up twice in the same day at Costco Avonmouth.  In the morning diesel was £1.379 ltr and in the afternoon it was £1.399! 

Generally round here though it's gone back up to around £1.50 ltr. 

I think it's mostly down to the Saudi's cutting production of crude oil.  Of course if Trumpy was in the White House he'd be encouraging US oil & gas producers to ramp up production to compensate, but Sleepy Joe is... well.... asleep! 

[Mr Skrunts]

I saw prices of £1.44 last week

Still 44% higher than the lowest during Covid.

[Rangie]

Varied prices in Lincs & Cambs some are up to 12 pence a litre more than one just up the road, fortunately we don't do many miles I only do around 4,000 per year & SWMBO around 3,000 in fact she's talking about selling the MX5 as its just not being used it has only got just over 400 miles on the clock.

[STEMO]

Been in the news enough, oil prices up around 20% over the last month.

[STEMO]

Why are petrol and diesel prices increasing?
Retailers are pushing prices higher on the back of rising oil and wholesale costs.

The wholesale price of petrol rose by 6p last month due to the higher cost of a barrel of oil, which jumped by $10 in July.

Oil rose from around $74 a barrel at the start of the month to $85.56 by 31 July - and remains around the same level today.

This is the highest oil price posted since the middle of April.

For British drivers the situation is exacerbated by the pound having fallen against the US dollar since mid-July, declining from a recent peak of $1.31 to $1.27.

This is causing 'wholesale prices to rise significantly', according to the RAC's fuel price expert, Simon Williams, who added that retailers are 'wasting no time in passing this on to drivers' as they lumped an extra 2p-a-litre on the price of petrol by the end of last month.

[dave the builder]

I saw prices of £1.44 last week

Still 44% higher than the lowest during Covid.

It's also been £2+ per ltr since then too

[Field Marshal Dr. Opti]

Last week I filled up twice in the same day at Costco Avonmouth.  In the morning diesel was £1.379 ltr and in the afternoon it was £1.399! 

Generally round here though it's gone back up to around £1.50 ltr. 

I think it's mostly down to the Saudi's cutting production of crude oil.  Of course if Trumpy was in the White House he'd be encouraging US oil & gas producers to ramp up production to compensate, but Sleepy Joe is... well.... asleep! 

Yep. Something like 8p a litre has been added.

[ronnyd]

'Brand' filling stations around here are now about £1.55 for both petrol and diesel. Salnsbury near me is still £1.46 this afternoon.

[Nick W]

It's almost £1.50 a litre here in Plymouth. I'll find out tomorrow what it is at home.

[Doctor Gollum]

£1.49 in Chichester this afternoon.

[Rangie]

£1.42 Petrol & £1.46 Diesel Sainsbury's Spalding this morning.

[ronnyd]

Just been into local Sains and it's gone up 3p a litre on both. 

[TheBoy]

I paid £1.43 for diesel yesterday at Sainsbury's.  Obviously, they'd only let me have £99, so I couldn't fill it.  Petrol was £1.37 I think.

[Keith ABS]

 Disesal was £1.50 at Asda Colchester this afternoon