Motorists braced for petrol price rise after wholseale costs jump - Telegraph
Iran’s threat of a blockade in the Straits of Hormuz and shutdowns at refineries contributed to a 4.5p per litre hike in the cost of diesel between December 19 and January 5, according to figures from RMI Petrol. That is before the imposition of 20pc VAT.
RMI, which represents almost 6,000 independently-owned filling stations across the UK, said the price rise was the “steepest and fastest” ever seen over the Christmas period.
With average diesel prices at the pumps close to 141p per litre, RMI said it would now only take forecourt retailers to pass on some of the extra wholesale costs to consumers for prices to top the 143p a litre peak they reached on May 9 last year.
Awaiting AtW's comment....
Iran’s threat of a blockade in the Straits of Hormuz and shutdowns at refineries contributed to a 4.5p per litre hike in the cost of diesel between December 19 and January 5, according to figures from RMI Petrol. That is before the imposition of 20pc VAT.
RMI, which represents almost 6,000 independently-owned filling stations across the UK, said the price rise was the “steepest and fastest” ever seen over the Christmas period.
With average diesel prices at the pumps close to 141p per litre, RMI said it would now only take forecourt retailers to pass on some of the extra wholesale costs to consumers for prices to top the 143p a litre peak they reached on May 9 last year.
Awaiting AtW's comment....
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