The AA has issued a warning to drivers filling up with petrol in the coming days, as prices at the pumps begin to rise again. Drivers were paying an average of 151.0p a litre for petrol over the weekend, up from a six-week low of 150.7p last Monday, according to the motoring organization.
Diesel Prices Edge Up Slowly
Diesel has edged up more slowly, from 164.8p to 164.9p, largely holding just below 165p a litre. Only Northern Ireland, the North East, and Yorkshire and the Humber remain below 150p a litre for petrol.
AA Spokesman Comments on Price Volatility
Luke Bosdet, the AA's spokesman on pump prices, said: "Despite more than a penny coming off the average price of petrol over the past fortnight, drivers across the UK now face new increases heading towards the start of the summer holidays. And it's always in the back of people's minds that current pump prices would be 6p a litre worse were it not for the fuel duty cut."
Bosdet added: "The new government figures on electricity consumption by electric vehicles give a new perspective on the impact of pump prices that not only remain well above the worst endured by drivers before covid (petrol 142.5p, diesel 147.9p in April 2012) but frustrate vehicle owners with their volatility. Large numbers of car owners that can are now ditching petrol and diesel for electricity and its more predictable costs."
RAC Warns of Further Increases
Simon Williams of the RAC also warned of further price rises: "Drivers embarking on their summer getaways may well see slightly higher forecourt prices again, with both petrol and diesel likely to go up a couple of pence a litre more in the next week or so. The fate of pump prices here in the UK once again rests on whether there are further attacks between the US and Iran."
Wholesale Costs Drive Uptick
The AA said the uptick comes from a rise in wholesale fuel costs since the last week of June, following the renewed breakdown of the US-Iran ceasefire. Wholesale petrol costs have jumped by up to 4p a litre, while diesel has jumped over 6p.
