Warning over petrol price rise
The Petrol Retailers Association (PRA) have warned of an impending petrol price hike on the forecourt. The price of Brent Crude has increased by 10% in the last two weeks to $116 a barrel.
The Petrol Retailers Association (PRA) have warned of an impending petrol price hike on the forecourt. The price of Brent Crude has increased by 10% in the last two weeks to $116 a barrel.
The AA have released the following figures to illustrate the changes in prices at the pump:
Monthly petrol cost for two-car family:
Cost of 50-litre petrol refill:
Growing pressure for the release of strategic oil reserves to calm world oil markets, with reports the White House is preparing for the move
The AA has warned that the cost of petrol is set to rise again with predictions that prices will reach a record high by the end of August.