Warning over petrol price rise

The Petrol Retailers Association (PRA) have warned of an impending petrol price hike on the forecourt. The price of Brent Crude has increased by 10% in the last two weeks to $116 a barrel.

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The AA: '£10 added to petrol cost in six weeks'

Paul Watters, the AA’s head of Public Affairs on the rising cost of petrol:

Falling pump prices in the UK lasted just 75 days and now they’re heading up at a rate which once again threatens to undermine the Bank of England’s inflation target. In six weeks, £10 has been added to the monthly petrol costs of a two-car family in the UK.

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