Unleaded prices have been rising since the last week in July and are now starting to touch £1.50 per litre. Over the past 30 days, prices at the pump have increased by nearly 5%.
The premium brands (bp, Shell and Esso) are all averaging prices over £1.50 per litre for unleaded, while the supermarkets, Asda and Sainsbury’s, are around £1.45.
Diesel prices have also been rising and are up over 5.5% over the last 30 days, and as with unleaded, Asda and Sainsburys are 5 pence below the premium brands.
Prices vary significantly by region, with Greater London, Bournemouth and Yorkshire having some of the highest prices in the UK.
Costco members will enjoy the lowest prices across the UK, with prices over 10ppl lower than the premium brands, despite their prices increasing more than 7% over the last 30 days (bp has risen by 6%, Shell 5%.)
The cost of Brent Crude Oil, the product from which unleaded and diesel is produced, increased throughout July, and this has been a major factor in the increase in unleaded and diesel prices at the pump. Brent Crude peaked at just under $87 on 11th August before dropping back to a little over $83. This is still higher than the $72-77 it was back in June. The result of this is higher prices for UK motorists.
There is usually a delay between crude price shifts and pump price changes, which can vary between locations. However, it is possible that price increases could start to slow down in the near future, and some prices may even start to decrease. This is, however, dependent on what wholesale prices do next.
As the cost of unleaded petrol and diesel changes, this usually results in more significant retail price differences between petrol stations. This is partly caused by stations receiving fuel deliveries on different days and purchasing on differing pricing mechanisms. Drivers in Blackpool and Aberdeen currently see the greatest pricing variance between petrol stations and will benefit most from shopping around.
Are you seeing prices above £1.50 for unleaded, or have you seen any price drops in your area? Let us know in the comments below.
Esso at Blackhall Rocks is now 1.51ltr. I bought unleaded at Sainsbury’s Bishop Auckland for1.39lltr on Mon 21st
Weymouth 151.9
1.57 per litre
Bata garage Helmsley north Yorkshire £1.50 unleaded 6 miles down the road at jet in kirkbymoorside £1.48 and round the corner at an independent garage £1.51
Why do they increase prices so fast but never decrease them as fast?
That what happens when people vote conservative every thing sky high
Isle of Wight petrol prices
Morrisons (Newport and Lake) — 145.7p per litre
Sainsbury’s (Newport) — 145.9p per litre
Asda (Newport) — 147.9p per litre
Tesco (Ryde) — 149.9p per litre
Westridge (Ryde) — 150.9p per litre
Portland Shell 151.9p unleaded. 2 weeks ago it was 144.9p ! Increasing because it’s bank holiday weekend, or am I just being cynical?
Fakenham Norfolk Shell 159.9
diss norfolk
unleaded this week has gone up From £1.50 to £1.55 in less than a week
1.51 diesel in cardiff
Tesco ripping people off again with there fuel prices
So when the prices went down the forecourts never gave us the true benifits of lower reductions even after a commons enquiry.
But soon as the price rises the cost of motoring rises
£1-59 in Newry 25 Aug 23
Tesco, yes Tesco in Exeter is £1.52. Supermarkets profiting from the average driver again. This supermarket has been higher than any other petrol provider is the Exeter area of Devon……..why do people keep buying from them?
It takes months and months for diesel and petrol prices to come down( mot including the 6ppl that we’ve been ripped off with) and yet as soon as the barrel of oil goes up there’s a price increase straight away,,RIP of Britain,,,,makes me sick!!!!!
Sidmouth garage 1.56 esso seaton 152 Tesco seaton 150 Sainsbury’s Exeter 148 Sainsbury’s Taunton 145
I understand why company forcourts on Motorways are dearer price on Motorways. One would expect maybe a 5 or 6 pence per litre than petrol Stations in towns or Supermarkets.
But MOTO Washington Services A1 a eye watering 1.76.9 per litre Diesel 1.78.9 that’s a staggering 27 pence more per litre. Compared with meny towns and City’s .
Yes Motorway Stations are convenient and necessary but 27pence per litre,on top of the town’s.
The wife and I play a little game of trying to gess the price before we pass it. Maybe that would entertain kids on a long trip,on there way to there destination.( Like when I was a kid I spy books)
BP in long Sutton is £158.9 a ltr but BP in Wisbech is only £157.8 and she’ll in Wisbech is £161.9 for unleaded so there’s not much difference apart from the miles u get as BP in Wisbech show more miles for the price then the BP in long Sutton