Price of a litre of petrol risen by almost 20p since November as economy has reopened after lockdown. The cost of a litre of petrol has risen by almost 20p since November to hit its highest level sinceaccording to research by motoring group the AA. The organisation said the average pump price in the UK was now above p a litre, up from p in the autumn.
Diesel has undergone a similar price rise, the figures show, with the cost of a litre rising from The eight-year high has been reached just as schools start to break up across England and Wales, and many households prepare to travel to holiday destinations within the UK.
More than half said they were headed more than miles from home, and a third who had holidayed in the UK last year said this year they would be driving further. Petrol prices dropped sharply last year as the pandemic took hold, as global demand for oil slumped to its lowest level for 25 years.
But as economies have opened up demand has driven oil prices back up, and the AA said petrol and diesel prices had risen for 32 consecutive weeks. The increase in petrol prices has added £ Now, the monthly cost of refuelling their vehicles is above £ Bosdet said pump prices seemed to have closely tracked oil prices, and these had now remained stable for three weeks, so may have reached a plateau.
A move to E10 petrolwhich has lower emissions, could increase prices by 0. On top of this, ultra-low emission zones Ulez are being introduced and expanded. The eight-year high has been reached just as many households prepare to travel to holiday destinations within the UK.
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