Forecasting Fuel Futures: Navigating the Volatile Oil Market and its Impact on UK Motorists in 2024
Oil prices are expected to experience fluctuations in 2024, with various factors influencing the...
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Tag: fuel prices
Supermarkets shamed into fuel price cut as RAC slams retailers
UK Supermarkets have begun to drop fuel prices in response to claims that they aren’t passing on reductions in wholesale fuel prices. The RAC reported earlier this week that retailers should be reflecting the dip in...
Read MoreSupermarkets “slash” fuel prices as crude oil price tumbles
In the uncertainty of Brexit and the UK’s political mess, it’s a welcome distraction to hear that fuel prices are being “slashed” by supermarkets. The move by major supermarket fuel suppliers including...
Read MoreDouble blow for drivers as fuel prices rocket and government hint at duty rise
You’ll have all noticed the relentless increase in fuel prices over the last couple of months. In fact, this week marks the 10th consecutive week that fuel prices in the UK have risen. Don’t expect this trend to reverse soon...
Read MoreFuel prices rocket with highest monthly rise in at least 18 years say the RAC
According to a press release from the RAC, fuel prices in the UK rose at their highest rate in May since their records began. As of today, average fuel prices across the UK show unleaded retailing at 129.2p/l whilst diesel...
Read MoreRAC predicts fuel prices to crash as low as 86p
With oil prices continuing their downward spiral the RAC has predicted the UK could see fuel prices as low as 86p a litre. In a statement released by the RAC they explain that since the beginning of December 2015 oil prices have...
Read MoreRAC survey reveals that company car drivers are more likely to be hypermiling
A survey conducted by the RAC has found that 40 percent of company car drivers actively changed their driving behaviour to improve their fuel efficiency, compared to just 27% of the general public. Whats more interesting is...
Read MoreUK Government set to get tough on unfair rural fuel prices
The UK government is set to get tough on what it call the “dark art” of fuel pricing in rural areas across the county. The Tory MP Mark Garnier (Member of Parliament for Wyre Forest) said that the Competition and...
Read MoreUK’s first forecourts offer less than £1 a litre, calls for supermarkets make further cuts
The UK has finally seen had it’s first taste of sub £1.00 a litre fuel as three forecourts in the West Midlands dropped their petrol price to just 99.7p a litre. The Harvest Energy garages in Birmingham, Redditch and...
Read MoreSupermarkets slash fuel prices yet again
With oil prices continuing to tumble the “big four” supermarkets have announced further fuel prices cuts that could pave the way for the magical £1 a litre. Tesco, Morrisons, Sainsbury’s and Asda will all...
Read MoreTesla car sales projections slashed as oil prices crash
For the majority of the world low oil prices are a good thing, cheap fuel and low inflation. However for the world’s leading electric car manufacturer – Tesla it’s cause for concern. Tesla has seen its stock...
Read MoreFuel prices could go on the rise as world oil demand increases
The oil cartel Opec has upgraded its forecast for world oil demand raising concerns that motorists could soon be paying more at the pumps. The cartel which represents 12 of the world’s leading oil producing nations...
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