Car fuelling with diesel

Petrol and diesel prices rise in August

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Drivers in the UK paid more for fuel last month, according to the latest data from RAC Fuel Watch.

The RAC reported on Friday that the average price of both petrol and diesel sold on Britain's forecourts edged up in August, despite a price cut at the start of the month.

Motorway with sign saying to check your fuel levelA litre of unleaded was sold for an average of 111.5p at the end of August, an increase of 0.33p on the price at the start of the month. The average price of diesel rose by 0.77p, ending the month not far off a 2016 high at 112.81p.

The RAC pointed out that, while these are only slight increases, the effect cancelled out the fall in the average price of both fuels that was seen in July.

Prices went up due to the rising price of a barrel of oil, which was up $6 (or 15%) in August.

At current fuel prices, the average cost of filling up a family car with a 55-litre tank now stands at £61.33 for unleaded and £62.05 for diesel.

RAC fuel spokesman Simon Williams said: "There was a strong case for a 3p per litre cut in the price of petrol and diesel in late July, and it was a relief to see retailers going some way towards passing on savings to motorists at the start of August. Since this point however, the oil price has rebounded slightly which has had the effect of pushing up wholesale fuel prices again.

"It is still the case however that the average price of unleaded petrol grew at its slowest rate in more than a year in August, and we are thankfully still a little way off the sorts of average prices we saw earlier in 2015 when petrol hit 117p per litre and diesel nearly 121p per litre."

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