Fuel prices rise again

Fuel prices have risen for the second consecutive month, despite a reduction in the wholesale price of petrol and diesel.

According to data from RAC Fuel Watch, the average price of unleaded rose by 3.21p a litre from 111.06p to 114.27p, while diesel rose by 2.95p a litre to 118.04p.

RAC fuel spokesman Simon Williams said: “The higher prices at the pump have been driven by the cost of oil increasing steadily to around £32 a barrel from a low of £10 in April. But drivers may well be given some respite as oil producers are planning on ramping up production despite the risk of renewed lockdowns around the world. This could easily lead to supply outstripping demand and therefore a reduction on the forecourts of the UK.”

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