The average price of UK petrol rose by 5.44p a litre in April, the second biggest monthly increase since 2000. Data from the RAC revealed a litre of unleaded shot up from 122.62p to 128.06p on average, with the retailer increases driven by a 5% jump in the cost of a barrel of oil.
Diesel increased by a more modest 3p a litre at the pumps, to 133.7p, though the RAC notes that the difference between the fuels in the wholesale price that retailers pay was only a penny. Britain’s four supermarket fuel retailers – Tesco, Sainsbury’s, Morrisons and Asda – increased their petrol prices above the UK average, too.
Read more on Autocar’s website here.
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