The RAC said 'drivers are sadly really starting to suffer again'
Anybody who is running low on fuel and is planning to fill up their vehicle in the coming weeks is being warned of upcoming diesel and petrol price rises. The RAC has notified drivers to expect even bigger price hikes when they next visit the petrol station.
Petrol prices also rose by nearly 5p per litre from 152.5p up to 157.0p, with petrol currently 'overpriced by around 7p a litre'. The RAC put the price rises down to oil producer group OPEC+ restricting global supply, combined with a fall in the value of sterling compared with the US dollar, which is used for fuel trading.
"Our analysis of RAC Fuel Watch wholesale and retail data shows that petrol is currently overpriced by around 7p a litre, although the price of diesel is likely to go up further still in the coming weeks."
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