RAC explains why fuel prices are going up as new figures show surge last month

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Drivers were hit by an 8p per litre surge in the price of diesel in September, new figures show.

The average price of the fuel increased from 154.8p at the beginning of September to 163.1p by the end of the month, according to The RAC.Drivers were hit by an 8p per litre surge in the price of diesel last month.

The average price of the fuel increased from 154.8p at the beginning of September to 163.1p by the end of the month, according to The RAC.5 tips to help your car's fuel last longerThe motoring experts also attributed the rise to the fall in the weaker value of sterling compared with the US dollar since this is used for fuel trading.

RAC fuel spokesman Simon Williams said: “Drivers are sadly really starting to suffer again at the pumps. There’s little respite whichever fuel drivers use. “Our analysis of RAC Fuel Watch wholesale and retail data shows that petrol is currently overpriced by around 7p a litre, although the price of diesel is likely to go up further still in the coming weeks.than it should be considering the big four supermarkets were told off by the Competition and Markets Authority for overcharging drivers by £900 million in 2022.

“While many have voluntarily started to publish their prices ahead of being mandated to in law, we still have a situation where wholesale price changes aren’t being fairly reflected on the forecourt.”As the cost of living crisis continues to cause a strain and the price of filling up your tank rises, driving experts atOne of the easiest ways to save money on your car is to change how you drive. Different ways of driving use more or less fuel.

 

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