The sector is already under surveillance by the competition watchdog.
The sector is already under surveillance by the competition watchdog.
The weakening dollar, Covid restrictions in China and falling oil prices have caused the price of petrol to plummet.
The third-worst monthly increase in recorded prices was in October, which saw a cost rise of 10p per litre to an average of 190.5p.
According to the AA, diesel is 23.95p per Liter more expensive than petrol.
The UK’s petrol prices rose the most in June, amid rising inflation and a crisis in living costs.
According to Reuters, Italy, Portugal, Slovakia, Bulgaria and Romania want to delay a European Union plan that would effectively ban the sale of new petrol and diesel vehicles starting in
The government has asked Britain’s competition watchdog to examine the retail fuel market in order to determine if a reduction in duty has been passed on to consumers after prices
As the cost of living increases, the petrol price has risen to £100 in the UK.
According to the RAC motoring organisation, the cost of filling up a 55-litre family vehicle with petrol has reached £98 ($122.58)
AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce that Extreme E, the all-electric SUV racing series , will continue to use the
Campaigners claim that the Government should investigate retail outlets for overcharging motorists. Profit margins on petrol are now three times greater than the average.