Fuel prices rise despite low oil price

* Five weeks of price rises * AA questions increases * Government to add 2p a litre in April...

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What Car? Staff
17 Feb 2009 12:32 | Last updated: 14 Jun 2018 00:03

Fuel retailers have been accused of profiteering as crude prices fall, but the cost of petrol and diesel at the pumps continue to rise.

Fuel prices have risen steadily over the past five weeks, with the average cost of a litre of petrol at 90.7p and diesel 100.7p.

An AA spokesman said: 'It is still not clear why, with oil 40% lower and the pound stronger, we are still seeing the price of petrol and diesel going up.

'It is naive to think that prices can go up without drivers asking why and drawing the conclusion that someone is taking them for a ride.'

The Petrol Retailers' Association denied its members were profiteering. A spokesman said that forecourt owners would go out of business if they failed to offer competitive prices.

Motorists also face a hike of almost 2p-a-litre in fuel tax from April 1, unless the issue is reviewed by the Chancellor.

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