A leading UK motoring organization, the RAC, has accused retailers of artificially raising diesel prices at the pump, even though wholesale prices for diesel have dropped below those of petrol.
Despite the fall in oil prices, diesel is still 17 pence more expensive per liter than petrol
According to a report by a motoring group, despite similar wholesale costs, diesel is being sold at an average of 17 pence more per litre than petrol.
Diesel prices climb above 190p per litre for first time since August says AA
According to the AA, diesel is 23.95p per Liter more expensive than petrol.
Oil rises as OPEC+ the producer cartel agreed to reduce output by 2m barrels per day from November
Oil rose by about 1% Wednesday as OPEC+ announced its deepest production cuts since the 2020 COVID pandemic. This was despite a tight market and opposition from the United States
The White House is in a panic to stop the OPEC+ production cut reports CNN
The White House is trying to prevent a major production cut in OPEC+, just a month prior to the midterm elections. This is when the current administration needs lower prices