According to the RAC motoring organisation, the cost of filling up a 55-litre family vehicle with petrol has reached £98 ($122.58)
According to the group, diesel prices increased by 185.2 pence and unleaded petrol rose to 178.5 pence per gallon in the UK on June 6. Both petrol and diesel are at record highs.
Simon Williams, a spokesperson for the company, stated that analysts predict oil prices will average $135 per barrel over the remainder of 2022. Drivers should be prepared for fuel prices rising to £2 per litre. This would mean that a fill-up would increase to an incredible £110.
The UK’s fuel prices have broken new records in recent weeks. Oil prices have soared since Russia invaded Ukraine. The RAC reported that the US’s opening of the peak summer driving season has boosted demand as well as the lifting of Covid restrictions in China.
At the end of May, diesel fuel costs exceeded £100.