Gap between average petrol and diesel tops 20p for the first time
As of Wednesday, drivers were paying an average of 183.94p a litre for diesel.
The difference between the average price of petrol and diesel has surpassed 20p a litre for the first time, new figures show.
RAC Fuel Watch data has shown that as of Wednesday (October 12), drivers were paying an average of 163.13p for a litre of unleaded, whereas diesel had climbed to 183.94p a litre – a difference of 20.35p a litre.
RAC fuel spokesperson Simon Williams said: “Since OPEC and its allies agreed to reduce oil supply substantially we’ve seen the price of wholesale diesel go up by 9p a litre and petrol by 4p a litre. This has led to the average price of diesel going up by almost 4p a litre and petrol by nearly a penny.
RAC fuel spokesperson Simon Williams said: “Since OPEC and its allies agreed to reduce oil supply substantially we’ve seen the price of wholesale diesel go up by 9p a litre and petrol by 4p a litre. This has led to the average price of diesel going up by almost 4p a litre and petrol by nearly a penny.
“Sadly for diesel drivers, the situation seems certain to get worse with prices heading back to 190p a litre which will add £3 to the cost of a tank (£104.5).”
The wholesale price of oil has seen an increase as a result of the announcement from oil producer group OPEC+ that it would be cutting production by two million barrels a day. As a knock-on effect, the wholesale price of refined fuel has increased with oil trading above $90 a barrel, despite having been below that mark at the end of last month.
