MSE News: Hopes of £1/litre petrol fading as prices start to rise again

Former_MSE_Paloma

The price of petrol at the pumps is slowly creeping up again, dashing motorists' hopes of an average price of £1/litre ...

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'Hopes of £1/litre petrol fading as prices start to rise again"




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CKhalvashi

The price of jet fuel has also started rising (at the moment by about 5p/l).

I was one of those that never thought it would go below £1 anyway, but such is life.

Cheapest diesel I've bought has been at £1.08, about 3 weeks ago in Leeds.

Totality

A petrol price INCREASE story on MSE? *passes out*

[Deleted User]

It'll probably end up like 2010 again. I remember it being around 105 at the start of the year, then was 120p by the summer.

CKhalvashi wrote: »

I was one of those that never thought it would go below £1 anyway, but such is life.

It did go to under £1 at some Harvest forecourts down in the midlands area.

bod1467

Totality wrote: »

A petrol price INCREASE story on MSE? *passes out*

Took them long enough ... WE posted about this days ago.

[Deleted User]

@bod1467

I know, I posted about this last week too. And the price has risen again this week.

Makeandsave

Twice Tesco have put it up this week!

jobdone1

Only one time did i get the cost at 99.9ppl with my 3p off voucher. I am sure in the summer i will be paying £1.50ppl and the justification Russia, Greece. Germany. O what the hell lets just blame it on tesco's now making a profit which makes the world unstable i think you get my point.

JC_Derby

petrol and diesel prices have risen, but has the oil price?


MAssive differences in prices across the midlands area. For me diesel as low as 109.9 but as high as 117.9...disgraceful really. I actually think its worse as prices didn't fall as fast and never got that low in some service stations

Dr._Shoe

Yes, the oil price has gone up but my money is on a downward bounce in May/ June time. We might see sub £1 prices by July.

20aday

JC_Derby wrote: »

petrol and diesel prices have risen, but has the oil price?


MAssive differences in prices across the midlands area. For me diesel as low as 109.9 but as high as 117.9...disgraceful really. I actually think its worse as prices didn't fall as fast and never got that low in some service stations

It dropped to around $48 a barrel a few weeks ago; Brent Crude is currently around $61.

Quite why oil prices have suddenly risen (aside political unrest, pounds sterling vs US dollar etc) I can't seem to find out.

However I feel it's a temporary blip... Give it a few weeks and I think they'll start to fall again.

The cheapest I've paid for fuel in recent weeks was 94.9p/l (Unleaded) at Sainsbury's due to a 10p off per litre coupon. I paid £1.059p/l at my nearest Tesco Express which is vastly different to the petrol stations near to where I work which are charging £1.119p/l!