Sunday, September 5, 2010

Petrol prices soar to highest level this year

Petrol prices have risen to their highest level of the year, the AA said today.

Average UK prices at the pumps are now 107.14p a litre - beating the previous 2009 of 107.03p a litre set on September 9.

Diesel is also at its highest price of the year - averaging 108.40p a litre.

UK petrol prices had fallen to 104.97p a litre by October 11, with diesel at 105.96p, before starting to climb again. This means that a tank of petrol now costs on average nearly £1.10 more than it did two weeks ago.

Paul Watters, head of public affairs at AA, said: 'With the rise in wholesale prices slowing and the price of oil falling back, the AA is hoping that this is yet another spike in the pump price that will drop back.

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