Drivers hit by higher fuel prices for fourth month in a row

Drivers hit by higher fuel prices for fourth month in a row
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Drivers hit by higher fuel prices for fourth month in a row
Author: Neil Lancefield
Published: Feb, 05 2025 00:01

Drivers have suffered a fourth consecutive month of rising fuel prices, analysis shows. Since the start of October the price per litre has increased by 5p for petrol and 6p for diesel, the RAC said. This has been partly attributed to a spike in oil prices in mid-January, which saw the cost of a barrel exceed 80 US dollars for several days. A slight weakening of the pound against the dollar has also made wholesale fuel more expensive for retailers.

Image Credit: The Standard

At the end of January, the average price of a litre of petrol and diesel was 139.0p and 145.7p respectively. RAC head of policy Simon Williams said: “It’s not been a good start to 2025 for drivers at the pumps with prices going up for the fourth month in a row. “Sadly, filling up is now nearly £3 more expensive than it was at the start of October. “We hope this trend won’t continue and that prices drop back down again.

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