Fuel prices have started rising again across the UK after several weeks of relative stability.
This is largely due to increasing global oil prices, along with supply constraints in some regions. Retail fuel prices tend to follow wholesale costs with a delay, meaning changes at the global level gradually feed through to what drivers pay at the pump.
For drivers, this means the cost of filling up is likely to increase over the coming weeks. Even small increases per litre can add up over time, particularly for those who rely on their car for commuting or long-distance travel.
Watch for continued movement in global oil markets and any changes to fuel duty policy, as these will influence how high prices go and how long they stay elevated.
Sources
RAC / Reuters
