UK Petrol and Diesel Prices Hit Four-Year Highs - Share Talk

UK Petrol and Diesel Prices Hit Four-Year Highs

UK petrol and diesel prices have climbed to their highest levels in four years, adding fresh pressure to household budgets as the latest surge in oil prices feeds through to motorists.

According to the RAC, average petrol prices have risen to 170.54p per litre, their highest since August 2022, while diesel has reached 192.86p per litre, its highest since July 2022.

For a typical family car, the cost of a full tank has risen by almost £5 since the start of September, taking the average bill to around £94 for petrol and £106 for diesel. For households that rely on a car for commuting, school runs or other essential journeys, the increase represents another direct hit to monthly living costs.

The rise comes as Brent crude remains above $106 a barrel, with the RAC warning that pump prices could continue climbing while oil stays above $100.

RAC head of policy Simon Williams said pressure is building on the Chancellor to support motorists, particularly with fuel duty currently due to start rising from January.

The RAC said there was a strong case for keeping fuel duty at its current level while households continue to face elevated transport and energy costs.


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