Gasoline and diesel at four-yearly highs, while the real malaise and recovering oil increases the prices of the pumps
- Prices for both unleaded and diesel have risen eight of the past 12 months
- A real slump and an oil price of $ 77 a barrel will cause prices to rise
- RAC fears & # 39; no end in sight & # 39; for motorists and calls further increases & # 39; inevitable & # 39; on
George Nixon for Thisismoney.co.uk
Another price increase at the pumps in August means that petrol and diesel are now 13p per liter more expensive than last year, new data have been revealed.
RAC research has shown that the prices of motor fuels have risen in eight of the past twelve months, which means that the costs for lead-free and diesel are the highest since four years.
A creep up last month increased gasoline costs by 1.65p to 130.59p and diesel by 1.32p to 132.19p. A year ago gasoline was 117.51 p and diesel 118.37 p.
Price increases at the pump mean that it now takes more than £ 7 more to fill a 55-liter family car today than in August. For diesel drivers it is £ 8 more expensive than last year.
However, the combination of a weaker pound and an oil price that has been restored to $ 77 per barrel has pushed up prices.
In the past year, only the months of June, February and October gave the drivers a postponement for the petrol pumps. And it was worse for diesel drivers with nine months of increases.
Motorists in the Northeast were most affected by the latest price rises, with petrol costs rising by 1.81 p / liter in August and a rate of 1.47p.
|Region||Fuel price increase in August (pence)||Diesel price increase in August (pence)|
|Yorkshire and the Humber||1.68||1.29|
The average petrol price in the UK is now the highest since late July 2014 just before the price of a barrel of oil began to fall and diesel was the most expensive since the beginning of October of the same year.
While the current oil price, at $ 77.54 per barrel, is cheaper than four years ago, a drop from the pound to $ 1.29 has meant that fuel prices have reached their highest level in four years.
The cost of filling a 55-liter family car with lead free is £ 71.82, £ 7.32 more expensive than a year ago. For diesel, the equivalent costs today are £ 73.29 for a tank, £ 8.19 more expensive than at the end of August 2017.
RAC spokesman Simon Williams said: "August was another bad month for motorists and it looks like further increases are inevitable. & # 39;
The RAC has warned that British motorists would have no end in sight and that an oil price hike of as little as $ 3 a barrel could see record prices of more than 140 p / liter
He added that even a moderate increase in the price of oil would bring a number of dazzling amounts to the forecourt of Great Britain.
& # 39; The price of a barrel can easily break the $ 80 mark and stay there, & # 39; he said. "If this were to happen, we could even see the pump prices rise to the record highs of April 2012 when gasoline hit an average of 142p per liter and diesel 148p. & # 39;