Home Business NewsBusinessAutomotive Petrol prices have almost reached a record high

Petrol prices have almost reached a record high

by LLB Finance Reporter
19th Oct 21 11:06 am

Government figures have revealed that petrol prices have almost reached a record high.

The Department for Business, Energy and Industrial Strategy said, on Monday the average price for a litre of petrol was 139.46p.

Petrol is now the most expensive since March 2013, but in April 2012 the record price of petrol hit 142.17p.

Diesel was up to 143.19p on Monday compared to 2.5p the previous week.

Over the past year motorists are now paying an extra £14 to fill up their car for a standard 55 litre fuel tank as prices have risen above 26p per litre.

The rising fuel prices has been attributed to an increase of oil and the switch to E10 petrol in September along with the impact of VAT.

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