Petrol and Diesel Prices Set to Rise
Wednesday, April 27, 2016
Petrol and diesel prices seem set to rise in the coming weeks, according to the predictions of experts, discussed in a recent This is Money report.
These projected price increases are despite the unexpected freeze in fuel duty from last week’s budget, which I reported on here.
After faltering for several months, the global oil price has now risen above $40 per barrel again. Petrol Retailers Association chairman Brian Madderson has said that this is likely to result in price rises of three to four pence per litre.